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Parkit Enterprise (CVE:PKT) Shares Up 3.6% - Here's What Happened

Parkit Enterprise logo with Real Estate background

Parkit Enterprise Inc. (CVE:PKT - Get Free Report) shares rose 3.6% on Monday . The company traded as high as C$0.61 and last traded at C$0.58. Approximately 60,500 shares traded hands during trading, a decline of 48% from the average daily volume of 115,491 shares. The stock had previously closed at C$0.56.

Parkit Enterprise Stock Up 8.6%

The stock has a market capitalization of C$137.88 million, a PE ratio of -42.16 and a beta of 1.97. The company has a debt-to-equity ratio of 48.28, a current ratio of 6.17 and a quick ratio of 5.35. The business's fifty day moving average price is C$0.47 and its two-hundred day moving average price is C$0.48.

About Parkit Enterprise

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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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