The Parkmead Group (LON:PMG) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

The Parkmead Group plc (LON:PMG)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 21.54 and traded as high as GBX 23. The Parkmead Group shares last traded at GBX 22.49, with a volume of 357,191 shares trading hands.

The Parkmead Group Stock Down 0.0%

The firm has a 50 day moving average of GBX 21.54 and a two-hundred day moving average of GBX 16.69. The firm has a market capitalization of £24.57 million, a price-to-earnings ratio of 3.22 and a beta of 0.53. The company has a quick ratio of 1.04, a current ratio of 14.13 and a debt-to-equity ratio of 2.28.

The Parkmead Group (LON:PMG) last released its quarterly earnings data on Monday, February 16th. The company reported GBX 6.72 earnings per share for the quarter. The Parkmead Group had a return on equity of 28.76% and a net margin of 220.03%. As a group, sell-side analysts anticipate that The Parkmead Group plc will post 1.5972222 EPS for the current fiscal 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.