The Parkmead Group (LON:PMG) Shares Up 12% – Time to Buy?

Shares of The Parkmead Group plc (LON:PMGGet Free Report) shot up 12% during trading on Tuesday . The stock traded as high as GBX 21 and last traded at GBX 21. Approximately 221,543 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 279,151 shares. The stock had previously closed at GBX 18.75.

The Parkmead Group Price Performance

The company has a market capitalization of £22.95 million, a price-to-earnings ratio of 3.01 and a beta of 0.48. The company has a fifty day simple moving average of GBX 19.31 and a two-hundred day simple moving average of GBX 19.21. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.04 and a current ratio of 14.13.

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. The Energy Economics segment provides energy sector economics, valuation, and benchmarking, advising on energy policies and fiscal matters, undertaking economic evaluations, supply benchmarking services, and training.

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