Parkit Enterprise Inc. (CVE:PKT) Director Acquires C$16,320.00 in Stock

Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley bought 24,000 shares of Parkit Enterprise stock in a transaction that occurred on Monday, September 23rd. The stock was purchased at an average price of C$0.68 per share, for a total transaction of C$16,320.00.

Bradley Roy Dunkley also recently made the following trade(s):

• On Thursday, September 19th, Bradley Roy Dunkley bought 2,000 shares of Parkit Enterprise stock. The stock was purchased at an average price of C$0.65 per share, for a total transaction of C$1,300.00.
• On Thursday, September 12th, Bradley Roy Dunkley bought 9,500 shares of Parkit Enterprise stock. The stock was purchased at an average price of C$0.56 per share, for a total transaction of C$5,320.00.

Parkit Enterprise Stock Performance

CVE:PKT opened at C$0.68 on Friday. The business’s 50-day moving average is C$0.56 and its two-hundred day moving average is C$0.58. The company has a debt-to-equity ratio of 116.60, a current ratio of 2.95 and a quick ratio of 5.35. Parkit Enterprise Inc. has a 12 month low of C$0.40 and a 12 month high of C$0.83. The firm has a market capitalization of C$151.93 million, a PE ratio of -34.00 and a beta of 1.94.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PKT. Cormark reduced their target price on Parkit Enterprise from C$1.00 to C$0.80 in a report on Friday, August 16th. Raymond James lowered Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Scotiabank cut their price objective on Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating on the stock in a research report on Wednesday, August 14th.

About Parkit Enterprise

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.