Clarke (TSE:CKI) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Clarke Inc. (TSE:CKI)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$23.02 and traded as low as C$20.87. Clarke shares last traded at C$20.99, with a volume of 3,701 shares.

Clarke Stock Up 0.2%

The firm has a 50-day moving average price of C$23.02 and a two-hundred day moving average price of C$26.30. The firm has a market cap of C$286.51 million, a PE ratio of 8.36 and a beta of 0.10.

Clarke (TSE:CKI) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$1.16 EPS for the quarter. Clarke had a return on equity of 10.04% and a net margin of 29.70%.The firm had revenue of C$25.24 million during the quarter.

Clarke Company Profile

Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. It operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.