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

Shares of The Parkmead Group plc (LON:PMG – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 20.69 and traded as low as GBX 19. The Parkmead Group shares last traded at GBX 19.50, with a volume of 55,293 shares trading hands.

The Parkmead Group Stock Performance

The stock has a market cap of £22.29 million, a price-to-earnings ratio of 2.92 and a beta of 0.50. The company’s 50 day simple moving average is GBX 21.20 and its 200 day simple moving average is GBX 20.65. 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 Parkmead Group Company Profile

(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

Receive News & Ratings for The Parkmead Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Parkmead Group and related companies with MarketBeat.com's FREE daily email newsletter.