Cormark Decreases Earnings Estimates for Parkit Enterprise

Parkit Enterprise Inc. (CVE:PKT - Free Report) - Equities researchers at Cormark lowered their FY2026 EPS estimates for Parkit Enterprise in a report issued on Friday, May 16th. Cormark analyst S. Srinivas now expects that the company will post earnings of $0.03 per share for the year, down from their prior estimate of $0.04. The consensus estimate for Parkit Enterprise's current full-year earnings is $0.03 per share.

Parkit Enterprise Stock Performance

Parkit Enterprise stock opened at C$0.44 on Monday. The company has a current ratio of 6.17, a quick ratio of 5.35 and a debt-to-equity ratio of 48.28. The firm has a market cap of C$96.30 million, a P/E ratio of -29.45 and a beta of 1.97. Parkit Enterprise has a 1-year low of C$0.33 and a 1-year high of C$0.76. The firm has a 50-day moving average of C$0.40 and a 200-day moving average of C$0.52.

Insider Buying and Selling at Parkit Enterprise

In related news, insider Parkit Enterprise Inc. acquired 500,000 shares of the stock in a transaction on Monday, March 31st. The stock was acquired at an average cost of C$0.41 per share, for a total transaction of C$205,000.00. 39.47% of the stock is currently owned by corporate insiders.

Parkit Enterprise Company Profile

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.

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