Shares of The Parkmead Group plc (LON:PMG – Get Free Report) shot up 19.8% during trading on Wednesday . The stock traded as high as GBX 12.50 ($0.16) and last traded at GBX 12.28 ($0.16). 332,074 shares traded hands during mid-day 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 Stock Up 2.7 %
The business has a 50-day simple moving average of GBX 10.97 and a two-hundred day simple moving average of GBX 12.56. 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 £13.75 million, a P/E ratio of -49.00 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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