The Parkmead Group (LON:PMG) Trading 12% Higher – Still a Buy?

The Parkmead Group plc (LON:PMGGet Free Report)’s stock price shot up 12% on Tuesday . The company traded as high as GBX 21 and last traded at GBX 21. 221,543 shares changed hands during trading, a decline of 21% from the average daily volume of 279,151 shares. The stock had previously closed at GBX 18.75.

The Parkmead Group Stock Performance

The company has a debt-to-equity ratio of 2.28, a current ratio of 14.13 and a quick ratio of 1.04. The company has a fifty day moving average of GBX 19.32 and a 200 day moving average of GBX 19.31. The stock has a market cap of £23.38 million, a P/E ratio of 3.07 and a beta of 0.48.

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. 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.

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