The Parkmead Group (LON:PMG) Shares Up 13% – Here’s Why

The Parkmead Group plc (LON:PMGGet Free Report) shares were up 13% during trading on Wednesday . The company traded as high as GBX 13 ($0.17) and last traded at GBX 13 ($0.17). Approximately 219,835 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 163,471 shares. The stock had previously closed at GBX 11.50 ($0.15).

The Parkmead Group Price Performance

The firm has a market cap of £14.21 million, a PE ratio of -46.00 and a beta of 1.45. The firm’s fifty day simple moving average is GBX 10.86 and its two-hundred day simple moving average is GBX 13.08. The company has a quick ratio of 1.04, a current ratio of 1.73 and a debt-to-equity ratio of 4.65.

About The Parkmead Group

(Get Free Report)

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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