Robert Blair Tamblyn Sells 20,000 Shares of Parkit Enterprise Inc. (CVE:PKT) Stock

Parkit Enterprise Inc. (CVE:PKT) Director Robert Blair Tamblyn sold 20,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$0.62, for a total value of C$12,400.00.

Robert Blair Tamblyn also recently made the following trade(s):

• On Friday, October 11th, Robert Blair Tamblyn sold 60,000 shares of Parkit Enterprise stock. The shares were sold at an average price of C$0.67, for a total transaction of C$40,200.00.

Parkit Enterprise Stock Up 3.2 %

Shares of PKT opened at C$0.64 on Friday. The firm has a fifty day moving average price of C$0.66 and a 200-day moving average price of C$0.59. The company has a current ratio of 2.95, a quick ratio of 5.35 and a debt-to-equity ratio of 116.60. The firm has a market capitalization of C$142.99 million, a P/E ratio of -32.00 and a beta of 1.97. Parkit Enterprise Inc. has a 12-month low of C$0.47 and a 12-month high of C$0.83.

Wall Street Analyst Weigh In

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