The Parkmead Group (LON:PMG) Share Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

The Parkmead Group plc (LON:PMG – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 20.62 and traded as low as GBX 20. The Parkmead Group shares last traded at GBX 20.11, with a volume of 67,918 shares changing hands.

The Parkmead Group Stock Performance

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 stock has a market cap of £22.07 million, a price-to-earnings ratio of 2.89 and a beta of 0.50. The stock’s 50 day moving average is GBX 21.16 and its two-hundred day moving average is GBX 20.61.

About The Parkmead Group

(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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