The Parkmead Group plc (LON:PMG – Get Free Report) shares rose 65.4% during mid-day trading on Thursday . The stock traded as high as GBX 27 ($0.34) and last traded at GBX 23.99 ($0.30). Approximately 298,928 shares changed hands during trading, an increase of 79% from the average daily volume of 166,539 shares. The stock had previously closed at GBX 14.50 ($0.18).
The Parkmead Group Stock Performance
The firm has a 50 day moving average price of GBX 12.80 and a 200-day moving average price of GBX 12.18. The company has a debt-to-equity ratio of 4.65, a quick ratio of 1.04 and a current ratio of 1.73. The company has a market cap of £19.67 million, a P/E ratio of -77.60 and a beta of 1.45.
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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