Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley Acquires 24,000 Shares

Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley purchased 24,000 shares of the firm’s stock in a transaction on Monday, September 23rd. The shares were purchased at an average price of C$0.68 per share, for a total transaction of C$16,320.00.

Bradley Roy Dunkley also recently made the following trade(s):

• On Thursday, September 19th, Bradley Roy Dunkley purchased 2,000 shares of Parkit Enterprise stock. The stock was acquired at an average cost of C$0.65 per share, with a total value of C$1,300.00.
• On Thursday, September 12th, Bradley Roy Dunkley acquired 9,500 shares of Parkit Enterprise stock. The shares were bought at an average cost of C$0.56 per share, with a total value of C$5,320.00.

Parkit Enterprise Stock Down 4.2 %

Shares of Parkit Enterprise stock traded down C$0.03 during trading hours on Friday, hitting C$0.68. The company had a trading volume of 31,740 shares, compared to its average volume of 44,030. The company has a debt-to-equity ratio of 116.60, a current ratio of 2.95 and a quick ratio of 5.35. The company’s 50-day moving average is C$0.56 and its two-hundred day moving average is C$0.58. The company has a market cap of C$151.93 million, a P/E ratio of -34.00 and a beta of 1.94. Parkit Enterprise Inc. has a twelve month low of C$0.40 and a twelve month high of C$0.83.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Raymond James downgraded shares of Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a research report on Sunday, August 11th. Scotiabank cut their price target on Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating on the stock in a research note on Wednesday, August 14th. Finally, Cormark lowered their price objective on Parkit Enterprise from C$1.00 to C$0.80 in a research report on Friday, August 16th.

About Parkit Enterprise

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.