Canlan Ice Sports (TSE:ICE) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Canlan Ice Sports Corp. (TSE:ICEGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.23 and traded as low as C$4.11. Canlan Ice Sports shares last traded at C$4.30, with a volume of 1,106 shares trading hands.

Canlan Ice Sports Trading Down 3.2%

The business has a 50 day moving average of C$4.25 and a 200 day moving average of C$4.23. The firm has a market capitalization of C$57.35 million, a price-to-earnings ratio of 14.33 and a beta of -0.28. The company has a debt-to-equity ratio of 110.25, a current ratio of 0.81 and a quick ratio of 0.56.

Canlan Ice Sports (TSE:ICEGet Free Report) last released its earnings results on Thursday, November 13th. The company reported C($0.19) earnings per share for the quarter. Canlan Ice Sports had a net margin of 0.52% and a return on equity of 1.03%. The company had revenue of C$21.14 million during the quarter.

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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