Parkit Enterprise (CVE:PKT) Hits New 52-Week Low – What’s Next?

Shares of Parkit Enterprise Inc. (CVE:PKTGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.43 and last traded at C$0.43, with a volume of 8500 shares trading hands. The stock had previously closed at C$0.47.

Parkit Enterprise Stock Down 7.5 %

The business’s 50 day simple moving average is C$0.55 and its 200 day simple moving average is C$0.60. 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 capitalization of C$94.11 million, a PE ratio of -28.78 and a beta of 1.97.

Parkit Enterprise Company Profile

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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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