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

Parkland Co. (TSE:PKI) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$39.70 and traded as low as C$39.27. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares changing hands.

Parkland Price Performance

The stock has a fifty day moving average price of C$39.84 and a 200-day moving average price of C$39.71. The company has a market cap of C$6.96 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 11.79 and a beta of 0.11. The company has a debt-to-equity ratio of 196.42, a current ratio of 1.00 and a quick ratio of 0.73.

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.