Canlan Ice Sports (TSE:ICE) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Canlan Ice Sports Corp. (TSE:ICEGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$4.30 and traded as high as C$4.32. Canlan Ice Sports shares last traded at C$4.32, with a volume of 1,339 shares trading hands.

Canlan Ice Sports Price Performance

The stock has a 50 day moving average price of C$4.30 and a two-hundred day moving average price of C$4.23. The company has a debt-to-equity ratio of 123.76, a quick ratio of 0.56 and a current ratio of 0.71. The company has a market capitalization of C$57.62 million, a PE ratio of 13.94 and a beta of -0.07.

Canlan Ice Sports (TSE:ICEGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C$0.65 EPS for the quarter. The business had revenue of C$29.36 million during the quarter. Canlan Ice Sports had a return on equity of 10.44% and a net margin of 4.16%.

About Canlan Ice Sports

(Get Free Report)

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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