Parkland (TSE:PKI) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Parkland Co. (TSE:PKI)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$39.32 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares changing hands.

Parkland Stock Down 0.4%

The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. The stock’s fifty day simple moving average is C$39.84 and its 200-day simple moving average is C$39.32. The stock has a market cap of C$6.96 billion, a P/E ratio of 20.86, a PEG ratio of 11.79 and a beta of 0.11.

Parkland (TSE:PKI) last posted its earnings results on Monday, October 27th. The company reported C$0.73 EPS for the quarter. The company had revenue of C$7.35 billion during the quarter. Parkland had a return on equity of 7.66% and a net margin of 0.83%. On average, research analysts anticipate that Parkland Co. will post 3.6022267 earnings per share for the current year.

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. A variety of brands enable Parkland to market and distribute its petroleum products to a range of markets.