Yorkton Equity Group (CVE:YEG) Sets New 52-Week High – Still a Buy?

Yorkton Equity Group Inc. (CVE:YEG) reached a new 52-week high on Thursday . The stock traded as high as C$0.22 and last traded at C$0.21, with a volume of 5500 shares trading hands. The stock had previously closed at C$0.21.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.32 target price on Yorkton Equity Group in a research report on Wednesday, February 19th.

Yorkton Equity Group Stock Performance

The firm has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.19. The company has a current ratio of 0.37, a quick ratio of 0.84 and a debt-to-equity ratio of 384.03. The company has a market capitalization of C$23.66 million, a price-to-earnings ratio of 5.25 and a beta of 1.19.

About Yorkton Equity Group

Yorkton Equity Group Inc operates as a real estate investment company in Canada. It owns a portfolio of multi-family residential rental properties comprising residential units and commercial unit in Alberta and British Columbia. The company is based in Edmonton, Canada.