Clarke (TSE:CKI) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Clarke Inc. (TSE:CKI) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$25.73 and traded as high as C$26.50. Clarke shares last traded at C$25.62, with a volume of 1,204 shares trading hands.

Clarke Price Performance

The stock has a 50 day simple moving average of C$25.73 and a two-hundred day simple moving average of C$23.18. The firm has a market cap of C$332.24 million, a PE ratio of 11.70 and a beta of 0.09. The company has a debt-to-equity ratio of 109.01, a quick ratio of 0.11 and a current ratio of 0.05.

Clarke (TSE:CKI) last released its quarterly earnings data on Monday, May 11th. The company reported C$1.07 earnings per share for the quarter. The business had revenue of C$18.76 million during the quarter. Clarke had a return on equity of 10.41% and a net margin of 37.21%.

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.