Parkit Enterprise (CVE:PKT) Insider Parkit Enterprise Inc. Purchases 11,100 Shares of Stock

Parkit Enterprise Inc. (CVE:PKT) insider Parkit Enterprise Inc. acquired 11,100 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average price of C$8.01 per share, for a total transaction of C$88,911.00. Following the completion of the acquisition, the insider directly owned 11,100 shares of the company’s stock, valued at C$88,911. The trade was a ∞ increase in their position.

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

• On Monday, September 28th, Parkit Enterprise Inc. bought 1,300 shares of Parkit Enterprise stock. The shares were acquired at an average cost of C$8.01 per share, with a total value of C$10,413.00.

Parkit Enterprise Price Performance

CVE: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 company has a fifty day simple moving average of C$8.49.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial boosted their target price on Parkit Enterprise from C$10.50 to C$11.00 and gave the company 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, Parkit Enterprise presently has an average rating of “Hold” and a consensus target price 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.