Parkit Enterprise (OTCMKTS:PKTEF) Stock Price Up 7.4% – Still a Buy?

Parkit Enterprise Inc. (OTCMKTS:PKTEFGet Free Report) shares were up 7.4% during mid-day trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.43. Approximately 48,500 shares traded hands during mid-day trading, an increase of 121% from the average daily volume of 21,912 shares. The stock had previously closed at C$0.40.

Parkit Enterprise Stock Performance

The company’s 50 day simple moving average is C$0.43 and its 200 day simple moving average is C$0.43.

About Parkit Enterprise

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Parkit Enterprise Corporation (OTCMKTS: PKTEF) is a provider of equipment valuation, auction and liquidation services, as well as environmental compliance and property disposition solutions. The company specializes in remarketing surplus industrial assets for clients in the power generation, telecommunications, transportation, construction and manufacturing sectors. By combining traditional live auctions with a proprietary online platform, Parkit Enterprise enables buyers and sellers to connect through transparent bidding processes and real-time market intelligence.

The firm’s core offerings include on-site and online auctions for heavy machinery, electrical equipment, vehicles and related capital assets.

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