Parkit Enterprise (CVE:PKT) Sets New 1-Year Low – Should You Sell?

Parkit Enterprise Inc. (CVE:PKTGet Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.46 and last traded at C$0.46, with a volume of 76040 shares traded. The stock had previously closed at C$0.51.

Parkit Enterprise Stock Performance

The business’s 50-day moving average is C$0.57 and its 200-day moving average is C$0.61. The company has a market capitalization of C$105.05 million, a PE ratio of -32.12 and a beta of 1.97. The company has a debt-to-equity ratio of 48.28, a quick ratio of 5.35 and a current ratio of 6.17.

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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