Parkit Enterprise (CVE:PKT) Upgraded to “Hold” at Scotiabank

Parkit Enterprise (CVE:PKT) was upgraded by investment analysts at Scotiabank to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Parkit Enterprise Price Performance

CVE PKT opened at C$0.60 on Thursday. The stock’s fifty day moving average price is C$0.60 and its 200 day moving average price is C$0.60. Parkit Enterprise has a 1 year low of C$0.46 and a 1 year high of C$0.69. The company has a market cap of C$124.82 million, a price-to-earnings ratio of 5.00 and a beta of 2.27.

Parkit Enterprise Company Profile

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. Parkit Enterprise Inc was incorporated in 2006 and is headquartered in Vancouver, Canada, with an additional office in Ottawa, Canada.