Constantin Cotzias Buys 1,127 Shares of Clarkson (LON:CKN) Stock

Clarkson PLC (LON:CKN) insider Constantin Cotzias bought 1,127 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average price of GBX 4,412 per share, for a total transaction of £49,723.24.

Clarkson Price Performance

LON CKN traded down GBX 48 during trading hours on Thursday, reaching GBX 4,400. The company’s stock had a trading volume of 41,724 shares, compared to its average volume of 283,122. Clarkson PLC has a 1 year low of GBX 3,170 and a 1 year high of GBX 4,992. The company has a quick ratio of 1.69, a current ratio of 1.78 and a debt-to-equity ratio of 10.66. The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 20.67 and a beta of 0.69. The firm’s 50-day moving average price is GBX 4,750.92 and its 200-day moving average price is GBX 4,363.74.

Analyst Ratings Changes

A number of research firms have issued reports on CKN. Berenberg Bank lifted their price objective on Clarkson from GBX 4,750 to GBX 5,250 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Canaccord Genuity Group raised shares of Clarkson to a “hold” rating and raised their target price for the company from GBX 4,400 to GBX 4,650 in a report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Clarkson from GBX 4,850 to GBX 4,950 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,775.

Clarkson Company Profile

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.