The Parkmead Group (LON:PMG) Shares Cross Below 200 Day Moving Average – Here’s Why

The Parkmead Group plc (LON:PMGGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 14.13 ($0.18) and traded as low as GBX 13.50 ($0.17). The Parkmead Group shares last traded at GBX 13.50 ($0.17), with a volume of 141,167 shares trading hands.

The Parkmead Group Trading Up 0.5 %

The company has a market capitalization of £14.08 million, a PE ratio of 2.85 and a beta of 1.45. The company has a debt-to-equity ratio of 6.39, a current ratio of 2.85 and a quick ratio of 1.04. The company’s fifty day moving average is GBX 15.40 and its 200-day moving average is GBX 14.17.

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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