The Parkmead Group (LON:PMG) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

The Parkmead Group plc (LON:PMG)’s stock price crossed 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 traded.

The Parkmead Group Trading Up 18.6%

The business has a 50-day moving average of GBX 14.59 and a 200-day moving average of GBX 14.73. The company has a quick ratio of 1.04, a current ratio of 2.85 and a debt-to-equity ratio of 6.39. The stock has a market cap of £19.12 million, a price-to-earnings ratio of 2.60 and a beta of 1.45.

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.