Parkland (TSE:PKI) Share Price Breaks Above 200-Day Moving Average – What’s Next?

Parkland Co. (TSE:PKI – Get Free Report) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred 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 trading hands.

Parkland Price Performance

The company has a market capitalization 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 company has a debt-to-equity ratio of 196.42, a quick ratio of 0.72 and a current ratio of 1.00. The firm has a fifty day simple moving average of C$39.84 and a 200-day simple moving average of C$39.84.

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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