The Parkmead Group (LON:PMG) Shares Cross Above 200 Day Moving Average – Here’s Why

The Parkmead Group plc (LON:PMGGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 19.82 and traded as high as GBX 22. The Parkmead Group shares last traded at GBX 21.60, with a volume of 80,844 shares traded.

The Parkmead Group Price Performance

The company has a market capitalization of £23.46 million, a price-to-earnings ratio of 3.08 and a beta of 0.48. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.04 and a current ratio of 14.13. The business has a 50 day moving average price of GBX 19.63 and a 200-day moving average price of GBX 19.87.

About The Parkmead Group

(Get Free Report)

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. The Energy Economics segment provides energy sector economics, valuation, and benchmarking, advising on energy policies and fiscal matters, undertaking economic evaluations, supply benchmarking services, and training.

Further Reading

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