Parkland (TSE:PKI) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Parkland Co. (TSE:PKIGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$39.84 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares changing hands.

Parkland Price Performance

The business has a 50-day moving average price of C$39.84 and a 200 day moving average price of C$39.84. The company has a market cap of C$6.96 billion, a price-to-earnings ratio of 20.86, a P/E/G ratio of 11.79 and a beta of 0.11. The company has a current ratio of 1.00, a quick ratio of 0.73 and a debt-to-equity ratio of 196.42.

Parkland Company Profile

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Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated. A variety of brands enable Parkland to market and distribute its petroleum products to a range of markets.

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