The Parkmead Group (LON:PMG) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of The Parkmead Group plc (LON:PMG) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 15.50 and traded as high as GBX 19.40. The Parkmead Group shares last traded at GBX 19.25, with a volume of 101,730 shares.

The Parkmead Group Price Performance

The company has a market capitalization of £21.27 million, a PE ratio of 2.90 and a beta of 1.45. 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 stock has a 50 day moving average price of GBX 15.50 and a two-hundred day moving average price of GBX 14.96.

The Parkmead Group (LON:PMG) last released its quarterly earnings data on Monday, February 16th. The company reported GBX 6.72 EPS for the quarter. The Parkmead Group had a return on equity of 28.81% and a net margin of 86.40%. Equities analysts forecast that The Parkmead Group plc will post 1.5972222 earnings per share for the current year.

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.