Bradley Roy Dunkley Acquires 1,000,000 Shares of Parkit Enterprise Inc. (CVE:PKT) Stock

Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley purchased 1,000,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of C$0.70 per share, for a total transaction of C$699,800.00.

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

• On Thursday, September 26th, Bradley Roy Dunkley bought 500 shares of Parkit Enterprise stock. The shares were acquired at an average price of C$0.68 per share, with a total value of C$340.00.
• On Monday, September 23rd, Bradley Roy Dunkley acquired 24,000 shares of Parkit Enterprise stock. The shares were bought at an average price of C$0.68 per share, for a total transaction of C$16,320.00.
• On Thursday, September 19th, Bradley Roy Dunkley bought 2,000 shares of Parkit Enterprise stock. The shares were bought 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 purchased 9,500 shares of Parkit Enterprise stock. The stock was bought at an average price of C$0.56 per share, for a total transaction of C$5,320.00.

Parkit Enterprise Trading Down 6.7 %

Shares of PKT opened at C$0.70 on Monday. The company’s fifty day simple moving average is C$0.58 and its 200-day simple moving average is C$0.58. The company has a market cap of C$156.39 million, a P/E ratio of -35.00 and a beta of 1.97. The company has a current ratio of 2.95, a quick ratio of 5.35 and a debt-to-equity ratio of 116.60. Parkit Enterprise Inc. has a twelve month low of C$0.40 and a twelve month high of C$0.83.

Analyst Ratings Changes

PKT has been the topic of several research reports. Scotiabank reduced their target price on Parkit Enterprise from C$0.75 to C$0.60 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th. Raymond James downgraded Parkit Enterprise from a “moderate buy” rating to a “hold” rating in a research note on Sunday, August 11th. Finally, Cormark lowered their target price 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.