The Parkmead Group (LON:PMG) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

The Parkmead Group plc (LON:PMG)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 15.22 ($0.21) and traded as low as GBX 14.66 ($0.20). The Parkmead Group shares last traded at GBX 14.66 ($0.20), with a volume of 177,111 shares.

The Parkmead Group Price Performance

The company has a market cap of £15.51 million, a P/E ratio of 3.14 and a beta of 1.45. The company has a debt-to-equity ratio of 6.39, a quick ratio of 1.04 and a current ratio of 2.85. The firm’s fifty day moving average is GBX 14.16 and its two-hundred day moving average is GBX 15.25.

The Parkmead Group (LON:PMG) last released its quarterly earnings data on Friday, March 28th. The company reported GBX (1.09) (($0.01)) EPS for the quarter. The Parkmead Group had a net margin of 86.40% and a return on equity of 28.81%. As a group, analysts anticipate that The Parkmead Group plc will post 1.5972222 earnings per share for the current fiscal year.

The Parkmead Group Company Profile

The Parkmead Group plc, an independent oil and gas company, engages in the exploration and production of oil and gas properties in Europe, North America, and internationally. It operates through three segments: Oil and Gas Exploration and Production; Energy Economics; and Renewables. The Oil and Gas Exploration and Production segment invests in oil and gas exploration and production assets.