Will The Parkmead Group plc Short Squeeze Soon?

 Will The Parkmead Group plc Short Squeeze Soon?

The stock of The Parkmead Group plc (LON:PMG) is a huge mover today! The stock decreased 2.66% or GBX 1.38 on November 7, hitting GBX 50.25. About 145,595 shares traded hands or 8.78% up from the average. The Parkmead Group plc (LON:PMG) has declined 19.51% since April 8, 2016 and is downtrending. It has underperformed by 21.47% the S&P500.
The move comes after 6 months negative chart setup for the GBX 50.72M company. It was reported on Nov, 7 by Barchart.com. We have GBX 43.22 PT which if reached, will make LON:PMG worth GBX 7.10 million less.

The Parkmead Group plc (LON:PMG) Ratings Coverage

Out of 5 analysts covering Parkmead Group The PLC (LON:PMG), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Parkmead Group The PLC has been the topic of 20 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Panmure Gordon maintained the shares of PMG in a report on Wednesday, August 12 with “Buy” rating. The stock of The Parkmead Group plc (LON:PMG) earned “Buy” rating by FinnCap on Wednesday, August 10. The rating was maintained by Numis Securities on Wednesday, November 18 with “Buy”. The company was maintained on Friday, November 20 by Panmure Gordon. Beaufort Securities maintained The Parkmead Group plc (LON:PMG) on Monday, August 3 with “Speculative Buy” rating. The firm earned “Buy” rating on Thursday, March 24 by Panmure Gordon. The stock of The Parkmead Group plc (LON:PMG) earned “Speculative Buy” rating by Beaufort Securities on Monday, November 23. Panmure Gordon maintained the stock with “Buy” rating in Monday, February 1 report. The rating was maintained by Beaufort Securities with “Speculative Buy” on Tuesday, March 29. The stock of The Parkmead Group plc (LON:PMG) earned “Speculative Buy” rating by Beaufort Securities on Thursday, September 15.

Another recent and important The Parkmead Group plc (LON:PMG) news was published by Fool.Co.Uk which published an article titled: “Is Now The Time To Invest In BP plc, Tullow Oil plc And The Parkmead Group plc?” on October 12, 2015.

The Parkmead Group plc is a United Kingdom independent gas and oil, exploration and production company. The company has a market cap of 50.72 million GBP. The Firm produces gas and oil from a portfolio of fields across the United Kingdom and Netherlands, and holds interests in over 50 exploration and production blocks across Europe. It currently has negative earnings. It operates through two divisions: gas and oil exploration and production, and energy economics.

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