The Parkmead Group (LON:PMG) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

The Parkmead Group plc (LON:PMG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 15.37 ($0.21) and traded as low as GBX 15 ($0.20). The Parkmead Group shares last traded at GBX 15.25 ($0.21), with a volume of 319,672 shares.

The Parkmead Group Trading Down 0.9%

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 stock has a fifty day moving average of GBX 14.56 and a 200 day moving average of GBX 15.37. The company has a market capitalization of £16.25 million, a PE ratio of 3.29 and a beta of 1.45.

The Parkmead Group (LON:PMG) last released 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 return on equity of 28.81% and a net margin of 86.40%. As a group, sell-side analysts predict that The Parkmead Group plc will post 1.5972222 earnings per share 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.