Parkland (TSE:PKI) Shares Cross Above 200 Day Moving Average – Time to Sell?

Parkland Co. (TSE:PKI) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$39.59 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 Price Performance

The stock has a market capitalization of C$6.96 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 11.79 and a beta of 0.11. The business’s fifty day moving average price is C$39.84 and its 200-day moving average price is C$39.59. The company has a debt-to-equity ratio of 196.42, a current ratio of 1.00 and a quick ratio of 0.73.

Parkland Company Profile

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.