The Parkmead Group (LON:PMG) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of The Parkmead Group plc (LON:PMGGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 14.90 and traded as low as GBX 13. The Parkmead Group shares last traded at GBX 13.32, with a volume of 85,002 shares trading hands.

The Parkmead Group Price Performance

The firm has a market cap of £15.01 million, a price-to-earnings ratio of 5.82 and a beta of 1.45. The company has a debt-to-equity ratio of 6.39, a quick ratio of 1.04 and a current ratio of 2.85. The business has a 50 day simple moving average of GBX 14.46 and a 200-day simple moving average of GBX 14.90.

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.

Further Reading

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