Yorkton Equity Group (CVE:YEG) Stock Price Down 13.6% – Here’s Why

Yorkton Equity Group Inc. (CVE:YEG)’s stock price traded down 13.6% during mid-day trading on Friday . The company traded as low as C$0.18 and last traded at C$0.19. 102,350 shares were traded during trading, an increase of 842% from the average session volume of 10,861 shares. The stock had previously closed at C$0.22.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$0.34 target price on shares of Yorkton Equity Group and gave the company a “buy” rating in a report on Tuesday, May 6th.

Yorkton Equity Group Price Performance

The stock has a market capitalization of C$21.41 million, a PE ratio of 4.75 and a beta of 1.19. The firm’s fifty day moving average is C$0.20 and its 200-day moving average is C$0.20. The company has a quick ratio of 0.84, a current ratio of 0.37 and a debt-to-equity ratio of 384.03.

Yorkton Equity Group Company Profile

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.