Parkit Enterprise Stock Today

PKT Stock  CAD 0.59  0.03  4.84%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 64

 
High
 
Low
Quite High
Parkit Enterprise is selling for under 0.59 as of the 18th of June 2024; that is -4.84 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.59. Parkit Enterprise has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Parkit Enterprise are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of June 2022 and ending today, the 18th of June 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
Category
Real Estate
Parkit Enterprise Inc. is a real estate investment firm specializing in acquisition and operation of income-producing parking facilities. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. PARKIT ENTERPRISE operates under Infrastructure Operations classification in Canada and is traded on TSX Venture Exchange.. The company has 226.51 M outstanding shares of which 55.75 K shares are at this time shorted by private and institutional investors with about 5.91 days to cover all short positions. More on Parkit Enterprise

Moving against Parkit Stock

  0.75TD-PFD Toronto Dominion BankPairCorr
  0.68TD-PFM Toronto Dominion BankPairCorr
  0.62AMZN Amazon CDRPairCorr
  0.57RY-PZ Royal BankPairCorr
  0.51TD-PFI Toronto Dominion BankPairCorr

Parkit Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Parkit Enterprise's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parkit Enterprise or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Vice PresidentSteven Strauss
Business ConcentrationReal Estate Management & Development, Equity Real Estate Investment Trusts (REITs), Real Estate, Real Estate, Real Estate Management & Development, Infrastructure Operations, Industrials (View all Sectors)
Parkit Enterprise's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Parkit Enterprise's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Parkit Enterprise can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parkit Enterprise's financial leverage. It provides some insight into what part of Parkit Enterprise's total assets is financed by creditors.
Liquidity
Parkit Enterprise cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Parkit Enterprise has accumulated 175.35 M in total debt. Parkit Enterprise has a current ratio of 8.71, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Parkit Enterprise until it has trouble settling it off, either with new capital or with free cash flow. So, Parkit Enterprise's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parkit Enterprise sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parkit to invest in growth at high rates of return. When we think about Parkit Enterprise's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

0.0
Parkit Enterprise (PKT) is traded on TSX Venture Exchange in Canada and employs 4 people. Parkit Enterprise is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 133.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parkit Enterprise's market, we take the total number of its shares issued and multiply it by Parkit Enterprise's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Parkit Enterprise classifies itself under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 226.51 M outstanding shares of which 55.75 K shares are at this time shorted by private and institutional investors with about 5.91 days to cover all short positions. Parkit Enterprise has accumulated about 581.73 K in cash with 15.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Parkit Enterprise Probability Of Bankruptcy
Ownership Allocation
Parkit Enterprise owns a total of 226.51 Million outstanding shares. Parkit Enterprise has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Parkit Ownership Details

Parkit Enterprise Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Parkit Enterprise market risk premium is the additional return an investor will receive from holding Parkit Enterprise long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Parkit Enterprise. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Parkit Enterprise's alpha and beta are two of the key measurements used to evaluate Parkit Enterprise's performance over the market, the standard measures of volatility play an important role as well.

Parkit Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Parkit Enterprise without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Optimizer Now

   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
All  Next Launch Module

Additional Tools for Parkit Stock Analysis

When running Parkit Enterprise's price analysis, check to measure Parkit Enterprise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.