Clarke (TSE:CKI) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Clarke Inc. (TSE:CKI)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$23.53 and traded as low as C$23.30. Clarke shares last traded at C$23.30, with a volume of 801 shares trading hands.

Clarke Stock Performance

The stock has a 50 day moving average price of C$23.28 and a two-hundred day moving average price of C$23.53. The company has a current ratio of 0.05, a quick ratio of 0.11 and a debt-to-equity ratio of 109.01. The company has a market cap of C$302.15 million, a price-to-earnings ratio of 10.64 and a beta of 0.19.

Clarke (TSE:CKI) last announced its quarterly earnings data on Monday, May 11th. The company reported C$1.07 EPS 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.