The Parkmead Group plc (LON:PMG – Get Free Report)’s stock price shot up 19.8% during mid-day trading on Wednesday . The company traded as high as GBX 12.50 ($0.16) and last traded at GBX 12.28 ($0.16). 332,074 shares traded hands during trading, an increase of 110% from the average session volume of 157,827 shares. The stock had previously closed at GBX 10.25 ($0.13).
The Parkmead Group Trading Up 19.0 %
The company has a quick ratio of 1.04, a current ratio of 1.73 and a debt-to-equity ratio of 4.65. The stock has a market capitalization of £13.33 million, a P/E ratio of -41.00 and a beta of 1.45. The firm’s 50-day simple moving average is GBX 10.96 and its 200 day simple moving average is GBX 12.56.
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.
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