The Parkmead Group (LON:PMG) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

The Parkmead Group plc (LON:PMG) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 13.96 ($0.19) and traded as high as GBX 14.50 ($0.19). The Parkmead Group shares last traded at GBX 13.67 ($0.18), with a volume of 234,725 shares changing hands.

The Parkmead Group Stock Performance

The firm has a market capitalization of £14.45 million, a PE ratio of 2.92 and a beta of 1.45. The firm has a 50-day moving average price of GBX 13.96 and a 200 day moving average price of GBX 14.84. The company has a quick ratio of 1.04, a current ratio of 2.85 and a debt-to-equity ratio of 6.39.

The Parkmead Group (LON:PMG) last announced its earnings results on Friday, March 28th. The company reported GBX (1.09) (($0.01)) EPS for the quarter. The Parkmead Group had a net margin of 86.40% and a return on equity of 28.81%. Research analysts expect that The Parkmead Group plc will post 1.5972222 earnings per share for the current 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.