The Parkmead Group (LON:PMG) Share Price Passes Below 200-Day Moving Average of $46.75

The Parkmead Group plc (LON:PMG) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 46.75 ($0.63) and traded as low as GBX 40.10 ($0.54). The Parkmead Group shares last traded at GBX 40.16 ($0.55), with a volume of 4,048 shares.

The company’s 50-day moving average is GBX 41.51 and its 200-day moving average is GBX 46.75. The company has a debt-to-equity ratio of 2.16, a current ratio of 6.65 and a quick ratio of 6.58. The firm has a market capitalization of £43.88 million and a price-to-earnings ratio of -3.19.

About The Parkmead Group (LON:PMG)

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 in three segments: Oil and Gas Exploration and Production; Energy Economics; and Pitreadie. The company produces gas from a portfolio of four fields across the Netherlands; and holds oil and gas interests in 24 exploration and production blocks under license.

Further Reading: Cost of Debt

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