The Parkmead Group plc (LON:PMG) insider Ian Rawlinson sold 180,000 shares of The Parkmead Group stock in a transaction on Friday, January 5th. The stock was sold at an average price of GBX 37 ($0.50), for a total value of £66,600 ($90,317.33).

Shares of The Parkmead Group plc (LON PMG) opened at GBX 37.35 ($0.51) on Wednesday. The company has a market capitalization of $37.01 and a price-to-earnings ratio of -747.00. The Parkmead Group plc has a 52 week low of GBX 31 ($0.42) and a 52 week high of GBX 72.19 ($0.98).

PMG has been the topic of a number of recent analyst reports. Panmure Gordon lowered their target price on The Parkmead Group from GBX 80 ($1.08) to GBX 70 ($0.95) and set a “buy” rating on the stock in a research note on Friday, November 17th. FinnCap reiterated a “buy” rating and set a GBX 81 ($1.10) target price on shares of The Parkmead Group in a research note on Friday, November 17th.

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About The Parkmead Group

Parkmead Group plc is an upstream oil and gas company. The Company is an independent oil and gas, exploration and production company. The Company operates through two segments: oil and gas exploration and production segment, which invests in oil and gas exploration and production assets, and energy economics segment, which 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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