Parkland Co. (TSE:PKI) Senior Officer Sells C$183,800.00 in Stock

Parkland Co. (TSE:PKI) Senior Officer Darren Robert Smart sold 5,000 shares of the business’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$36.76, for a total transaction of C$183,800.00.

Parkland Price Performance

Shares of TSE:PKI traded down C$0.61 during trading on Tuesday, reaching C$36.32. The stock had a trading volume of 953,346 shares, compared to its average volume of 1,041,799. The company has a debt-to-equity ratio of 199.87, a quick ratio of 0.73 and a current ratio of 1.39. Parkland Co. has a 1-year low of C$30.09 and a 1-year high of C$44.12. The stock has a market cap of C$6.33 billion, a PE ratio of 26.17, a PEG ratio of 11.79 and a beta of 1.33. The business has a fifty day moving average price of C$35.26 and a 200-day moving average price of C$34.86.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PKI. CIBC upped their price objective on shares of Parkland from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. lowered their price target on Parkland from C$58.00 to C$55.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, National Bankshares raised their price objective on Parkland from C$41.00 to C$42.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Parkland has an average rating of “Buy” and an average price target of C$48.08.

About Parkland

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.