The Parkmead Group (LON:PMG) Shares Cross Below 200-Day Moving Average – Should You Sell?

The Parkmead Group plc (LON:PMGGet Free Report)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 12.30 ($0.16) and traded as low as GBX 11.50 ($0.14). The Parkmead Group shares last traded at GBX 11.59 ($0.15), with a volume of 3,230 shares changing hands.

The Parkmead Group Trading Down 1.4 %

The stock has a market cap of £12.66 million, a P/E ratio of -46.36 and a beta of 1.45. The firm’s 50-day simple moving average is GBX 11.20 and its 200 day simple moving average is GBX 12.27. The company has a current ratio of 1.73, a quick ratio of 1.04 and a debt-to-equity ratio of 4.65.

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.

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