The Parkmead Group (LON:PMG) Shares Cross Above 200 Day Moving Average – What’s Next?

The Parkmead Group plc (LON:PMGGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 20.13 and traded as high as GBX 21.50. The Parkmead Group shares last traded at GBX 21.48, with a volume of 18,248 shares.

The Parkmead Group Stock Down 2.3%

The company has a current ratio of 14.13, a quick ratio of 1.04 and a debt-to-equity ratio of 2.28. The company has a 50 day simple moving average of GBX 19.83 and a two-hundred day simple moving average of GBX 20.13. The firm has a market capitalization of £22.95 million, a P/E ratio of 3.01 and a beta of 0.48.

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.

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