The Parkmead Group (LON:PMG) Stock Passes Above 200 Day Moving Average – Here’s What Happened

The Parkmead Group plc (LON:PMGGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 trading hands.

The Parkmead Group Trading Down 1.3%

The business has a 50 day moving average of GBX 19.87 and a 200-day moving average of GBX 20.13. 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 firm has a market capitalization of £23.18 million, a P/E ratio of 3.04 and a beta of 0.48.

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.

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