The Parkmead Group (LON:PMG) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Shares of The Parkmead Group plc (LON:PMG) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 14.73 and traded as low as GBX 14.52. The Parkmead Group shares last traded at GBX 14.52, with a volume of 83,331 shares trading hands.

The Parkmead Group Price Performance

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 company has a market cap of £19.12 million, a P/E ratio of 2.60 and a beta of 1.45. The firm’s fifty day moving average is GBX 14.59 and its two-hundred day moving average is GBX 14.72.

About The Parkmead Group

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. The Energy Economics segment provides energy sector economics, valuation, and benchmarking, advising on energy policies and fiscal matters, undertaking economic evaluations, supply benchmarking services, and training.