Parkland (TSE:PKI) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Parkland Co. (TSE:PKI) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$39.27 and traded as high as C$40.29. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares traded.

Parkland Stock Down 0.4%

The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73. The company has a market cap of C$6.96 billion, a PE ratio of 20.86, a P/E/G ratio of 11.79 and a beta of 0.11. The business’s 50 day moving average is C$39.84 and its 200-day moving average is C$39.27.

Parkland (TSE:PKI) last announced its quarterly earnings data on Monday, October 27th. The company reported C$0.73 EPS for the quarter. The company had revenue of C$7.35 billion for the quarter. Parkland had a net margin of 0.83% and a return on equity of 7.66%. As a group, analysts predict that Parkland Co. will post 3.6022267 EPS for the current year.

About Parkland

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.