The Parkmead Group (LON:PMG) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of The Parkmead Group plc (LON:PMG) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 14.76 and traded as low as GBX 13.50. The Parkmead Group shares last traded at GBX 13.71, with a volume of 60,772 shares traded.

The Parkmead Group Stock Up 0.7%

The stock has a market cap of £15.40 million, a price-to-earnings ratio of 2.10 and a beta of 1.45. The business’s 50 day moving average is GBX 14.19 and its 200-day moving average is GBX 14.76. 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 Parkmead Group Company Profile

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.