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

Scotiabank upgraded shares of Parkit Enterprise (CVE:PKT) to a hold rating in a research note released on Thursday morning,Zacks.com reports.

Parkit Enterprise Stock Performance

Parkit Enterprise stock opened at C$0.60 on Thursday. The stock has a market cap of C$124.82 million, a P/E ratio of 5.00 and a beta of 2.27. Parkit Enterprise has a fifty-two week low of C$0.46 and a fifty-two week high of C$0.69. The firm’s fifty day moving average price is C$0.60 and its 200-day moving average price is C$0.60.

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.