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

Shares of Parkland Co. (TSE:PKI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$39.38 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 fifty day moving average of C$39.84 and a 200 day moving average of C$39.38. The firm has a market cap of C$6.96 billion, a P/E ratio of 20.86, a PEG ratio of 11.79 and a beta of 0.11. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 199.87.

Parkland (TSE:PKI) last released its quarterly earnings data on Monday, October 27th. The company reported C$0.73 earnings per share (EPS) for the quarter. Parkland had a return on equity of 7.66% and a net margin of 0.83%.The company had revenue of C$7.35 billion during the quarter. On average, sell-side analysts anticipate that Parkland Co. will post 3.6022267 earnings per share 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.