Parkit Enterprise (CVE:PKT) Insider Parkit Enterprise Inc. Buys 1,300 Shares of Stock

Parkit Enterprise Inc. (CVE:PKT) insider Parkit Enterprise Inc. purchased 1,300 shares of the business’s stock in a transaction on Monday, September 28th. The shares were bought at an average cost of C$8.01 per share, for a total transaction of C$10,413.00. Following the completion of the transaction, the insider directly owned 1,300 shares in the company, valued at C$10,413. This trade represents a ∞ increase in their position.

Parkit Enterprise Inc. also recently made the following trade(s):

• On Wednesday, September 30th, Parkit Enterprise Inc. acquired 11,100 shares of Parkit Enterprise stock. The stock was bought at an average cost of C$8.01 per share, with a total value of C$88,911.00.

Parkit Enterprise Price Performance

Shares of PKT opened at C$8.25 on Friday. Parkit Enterprise Inc. has a 52 week low of C$7.35 and a 52 week high of C$10.00. The stock has a market capitalization of C$114.10 million, a P/E ratio of 8.09 and a beta of 2.19. The business has a 50-day moving average of C$8.49.

Wall Street Analyst Weigh In

Separately, Raymond James Financial upped their price objective on Parkit Enterprise from C$10.50 to C$11.00 and gave the stock a “market perform” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$11.00.

Parkit Enterprise Inc is a Canadian company focused on the ownership and operation of parking assets and related real estate. The company’s business is centered on acquiring, managing, and optimizing parking facilities, with an emphasis on generating revenue from parking operations and associated property uses.

As a real estate-focused operator, Parkit Enterprise’s activities are tied to urban and commercial parking demand in Canada and may include surface lots, parking structures, and other parking-related properties.