Parkland (TSE:PKI) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Parkland Co. (TSE:PKIGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$39.50 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares trading hands.

Parkland Price Performance

The stock’s 50 day moving average price is C$39.84 and its two-hundred day moving average price is C$39.50. The company has a quick ratio of 0.73, a current ratio of 1.00 and a debt-to-equity ratio of 196.42. The firm has a market capitalization of C$6.96 billion, a price-to-earnings ratio of 20.86, a P/E/G ratio of 11.79 and a beta of 0.11.

About Parkland

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Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated. A variety of brands enable Parkland to market and distribute its petroleum products to a range of markets.

Further Reading

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