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

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

Parkit Enterprise Trading Up 1.7%

Shares of PKT stock opened at C$0.60 on Thursday. The business’s fifty day simple moving average is C$0.60 and its 200-day simple moving average is C$0.60. The company has a market cap of C$124.82 million, a PE ratio of 5.00 and a beta of 2.27. Parkit Enterprise has a 12-month low of C$0.46 and a 12-month high of C$0.69.

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