The Parkmead Group plc (PMG) Insider Sells £66,600 in Stock

The Parkmead Group plc (LON:PMG) insider Ian Rawlinson sold 180,000 shares of the firm’s stock in a transaction on Friday, January 5th. The shares were sold at an average price of GBX 37 ($0.50), for a total value of £66,600 ($90,317.33).

Shares of The Parkmead Group plc (LON PMG) opened at GBX 39 ($0.53) on Friday. The Parkmead Group plc has a twelve month low of GBX 31 ($0.42) and a twelve month high of GBX 72 ($0.98). The firm has a market capitalization of $38.94 and a PE ratio of -780.00.

Several brokerages recently weighed in on PMG. Panmure Gordon decreased their price objective on The Parkmead Group from GBX 80 ($1.08) to GBX 70 ($0.95) and set a “buy” rating for the company in a report on Friday, November 17th. FinnCap reissued a “buy” rating and issued a GBX 81 ($1.10) price objective on shares of The Parkmead Group in a report on Friday, November 17th.

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The Parkmead Group Company Profile

Parkmead Group plc is an upstream oil and gas company. The Company is an independent oil and gas, exploration and production company. The Company operates through two segments: oil and gas exploration and production segment, which invests in oil and gas exploration and production assets, and energy economics segment, which 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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