The Parkmead Group (LON:PMG) Stock Price Up 19.8% – Here’s What Happened

The Parkmead Group plc (LON:PMGGet Free Report) was up 19.8% on Wednesday . The company traded as high as GBX 12.50 ($0.16) and last traded at GBX 12.28 ($0.16). Approximately 332,074 shares traded hands during mid-day trading, an increase of 110% from the average daily volume of 157,827 shares. The stock had previously closed at GBX 10.25 ($0.13).

The Parkmead Group Price Performance

The firm has a market capitalization of £13.75 million, a P/E ratio of -49.00 and a beta of 1.45. The company has a current ratio of 1.73, a quick ratio of 1.04 and a debt-to-equity ratio of 4.65. The business’s fifty day moving average is GBX 10.97 and its 200 day moving average is GBX 12.56.

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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