Parkit Enterprise Inc. (CVE:PKT - Get Free Report) shares shot up 16.3% on Thursday . The stock traded as high as C$0.57 and last traded at C$0.57. 142,000 shares were traded during mid-day trading, an increase of 18% from the average session volume of 120,850 shares. The stock had previously closed at C$0.49.
Parkit Enterprise Trading Up 16.3%
The company's 50 day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.49. 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 has a market capitalization of C$124.75 million, a price-to-earnings ratio of -38.15 and a beta of 1.97.
Insider Buying and Selling
In related news, insider Parkit Enterprise Inc. bought 500,000 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average cost of C$0.41 per share, for a total transaction of C$205,000.00. Insiders have acquired a total of 575,000 shares of company stock worth $235,450 in the last ninety days. 39.47% of the stock is owned by insiders.
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.
See Also
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