Parkland (TSE:PKI) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Parkland Co. (TSE:PKIGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$39.84 and traded as low as C$39.27. Parkland shares last traded at C$39.84, with a volume of 1,329,226 shares trading hands.

Parkland Stock Performance

The stock has a market capitalization of C$6.96 billion, a PE ratio of 20.86, a PEG ratio of 11.79 and a beta of 0.11. The company has a quick ratio of 0.72, a current ratio of 1.00 and a debt-to-equity ratio of 196.42. The firm has a 50 day moving average price of C$39.84 and a 200-day moving average price of C$39.84.

About Parkland

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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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