The Parkmead Group (LON:PMG) Trading 5.7% Higher – Here’s What Happened

Shares of The Parkmead Group plc (LON:PMGGet Free Report) shot up 5.7% on Tuesday . The company traded as high as GBX 14.75 ($0.19) and last traded at GBX 14 ($0.18). 404,373 shares traded hands during trading, an increase of 153% from the average session volume of 159,775 shares. The stock had previously closed at GBX 13.25 ($0.17).

The Parkmead Group Price Performance

The company has a market cap of £16.39 million, a PE ratio of -59.64 and a beta of 1.45. 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 firm has a 50 day simple moving average of GBX 11.56 and a 200-day simple moving average of GBX 12.13.

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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