Parkland (TSE:PKI) Share Price Passes Above 200 Day Moving Average – Here’s Why

Shares of Parkland Co. (TSE:PKIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$39.84 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares.

Parkland Stock Performance

The company has a debt-to-equity ratio of 196.42, a current ratio of 1.00 and a quick ratio of 0.72. The stock’s 50 day simple moving average is C$39.84 and its two-hundred day simple moving average is C$39.84. The stock has a market cap of C$6.96 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 11.79 and a beta of 0.11.

Parkland Company Profile

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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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