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Parkit Enterprise (CVE:PKT) Shares Up 2% - Here's What Happened

Parkit Enterprise logo with Real Estate background

Parkit Enterprise Inc. (CVE:PKT - Get Free Report) traded up 2% during mid-day trading on Monday . The company traded as high as C$0.50 and last traded at C$0.50. 350,000 shares traded hands during mid-day trading, an increase of 197% from the average session volume of 117,659 shares. The stock had previously closed at C$0.49.

Parkit Enterprise Stock Down 2.1%

The company has a quick ratio of 5.35, a current ratio of 6.17 and a debt-to-equity ratio of 48.28. The company's 50 day moving average price is C$0.41 and its 200 day moving average price is C$0.49. The firm has a market capitalization of C$101.77 million, a price-to-earnings ratio of -31.12 and a beta of 1.97.

Insider Activity

In other Parkit Enterprise news, insider Parkit Enterprise Inc. bought 500,000 shares of Parkit Enterprise stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of C$0.41 per share, with a total value of C$205,000.00. Corporate insiders own 39.47% of the company's stock.

About Parkit Enterprise

(Get Free Report)

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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