Parkit Enterprise (CVE:PKT) Sets New 1-Year Low – Here’s Why

Parkit Enterprise Inc. (CVE:PKTGet Free Report) reached a new 52-week low on Friday . The company traded as low as C$0.46 and last traded at C$0.46, with a volume of 76040 shares trading hands. The stock had previously closed at C$0.51.

Parkit Enterprise Stock Performance

The firm has a market cap of C$105.05 million, a P/E ratio of -32.12 and a beta of 1.97. The stock’s 50 day moving average is C$0.57 and its two-hundred day moving average is C$0.61. The company has a debt-to-equity ratio of 48.28, a current ratio of 6.17 and a quick ratio of 5.35.

About Parkit Enterprise

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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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