Insider Selling: The Parkmead Group plc (PMG) Insider Sells 180,000 Shares of Stock
The Parkmead Group plc (LON:PMG) insider Ian Rawlinson sold 180,000 shares of the company’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of GBX 37 ($0.50), for a total transaction of £66,600 ($90,317.33).
The Parkmead Group plc (LON PMG) opened at GBX 37.24 ($0.51) on Tuesday. The Parkmead Group plc has a twelve month low of GBX 31 ($0.42) and a twelve month high of GBX 72.19 ($0.98). The company has a market capitalization of $37.29 and a PE ratio of -744.80.
A number of research firms have recently weighed in on PMG. FinnCap reaffirmed a “buy” rating and issued a GBX 81 ($1.10) target price on shares of The Parkmead Group in a research report on Friday, November 17th. Panmure Gordon decreased their target price on shares of The Parkmead Group from GBX 80 ($1.08) to GBX 70 ($0.95) and set a “buy” rating on the stock in a research note on Friday, November 17th.
About The Parkmead Group
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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