The Parkmead Group (LON:PMG) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of The Parkmead Group plc (LON:PMG) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 14.76 ($0.20) and traded as low as GBX 13.80 ($0.18). The Parkmead Group shares last traded at GBX 13.80 ($0.18), with a volume of 566,951 shares traded.

The Parkmead Group Trading Down 0.2 %

The business has a fifty day simple moving average of GBX 14.08 and a 200-day simple moving average of GBX 14.78. The firm has a market cap of £15.57 million, a price-to-earnings ratio of 3.15 and a beta of 1.45. The company has a debt-to-equity ratio of 6.39, a quick ratio of 1.04 and a current ratio of 2.85.

The Parkmead Group (LON:PMG) last issued its quarterly earnings data on Friday, March 28th. The company reported GBX (1.09) (($0.01)) earnings per share (EPS) for the quarter. The Parkmead Group had a net margin of 86.40% and a return on equity of 28.81%. As a group, equities analysts forecast that The Parkmead Group plc will post 1.5972222 earnings per share for the current fiscal year.

The Parkmead Group Company Profile

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.