Parkland (TSE:PKI) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Parkland Co. (TSE:PKI) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$39.86 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares trading hands.

Parkland Trading Down 0.4%

The company has a 50-day simple moving average of C$39.84 and a 200-day simple moving average of C$39.86. The company has a debt-to-equity ratio of 196.42, a quick ratio of 0.73 and a current ratio of 1.00. The stock has a market cap of C$6.96 billion, a P/E ratio of 20.86, a P/E/G ratio of 11.79 and a beta of 0.11.

Parkland Company Profile

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.