Parkit Enterprise Inc. (V:PKT)
Business Focus: Industrial Real Estate Rental & Development
Rain as of November 01, 2023
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Insider Filings
Latest 10 SEDI filings for PKT within the last 6 months
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Company News
Nov 15, 2023 08:00 ET
Parkit to Acquire Industrial Asset in Winnipeg
Toronto, Ontario--(Newsfile Corp. - November 15, 2023) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit"), has agreed to acquire an industrial building located in Winnipeg, Manitoba (the "Property") from a vendor (the "Vendor"), for an aggregate purchase price of $6,500,000, subject to customary adjustments (the "Acquisition"). The Vendor is not a related party to Parkit and the Acquisition constitutes an Arm's Length Transaction for the purposes of the TSX Venture Exchange policies.
Nov 09, 2023 17:00 ET
Parkit Enterprise Reports Q3 Results
Toronto, Ontario--(Newsfile Corp. - November 9, 2023) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's third quarter 2023 results. Steve Scott, Chair of Parkit, commented:
Valuation Ratios
Industry
Sector
Beta
1.91
--
--
Price to Sales - TTM
9.27
9.27
3.15
Price to Book - most recent quarter
0.93
0.93
1.00
Price to Cash Flow per share - TTM
--
--
9.87
Price to Free Cash Flow per share - TTM
20.94
20.94
20.61
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 15, 2023 | 21,082 | -14,822 |
| Oct 31, 2023 | 35,904 | 18,373 |
| Oct 15, 2023 | 17,531 | 7,830 |
Business Summary
| Sector: Real Estate | Industry: Real Estate Rental, Development & Operations |
Parkit Enterprise Inc. provides industrial real estate platform. The Company is focused on the acquisition, growth and management of strategically located industrial properties in Canada, to complement its parking assets across the United States. The Company's segments include Industrial properties and Parking properties. The Industrial properties segment involves the acquisition, management, and growth of industrial real estate in key markets in Canada. The Parking properties segment involves the acquisition and management of income-producing parking facilities across the United States. Its industrial assets include 1551 Parisien St, Ottawa, Ontario; 5610 Finch Ave East, Toronto, Ontario; 415 Legget Dr, Ottawa, Ontario; 195 Henderson Dr, Regina, Saskatchewan, and others. Its parking assets include Fly-Away Airport Parking, Z Airport Parking, Chapel Square Garage and Canopy Airport Parking Lot. Its portfolio also includes 1151 Parisien Street, 2 Ramm Ave, 415 Legget Dr and others.
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