Clarke (TSE:CKI) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Clarke Inc. (TSE:CKI) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$23.32 and traded as low as C$22.61. Clarke shares last traded at C$22.61, with a volume of 4,134 shares trading hands.

Clarke Stock Down 2.3%

The company has a quick ratio of 0.11, a current ratio of 0.05 and a debt-to-equity ratio of 109.01. The business has a 50-day simple moving average of C$24.28 and a two-hundred day simple moving average of C$23.32. The stock has a market capitalization of C$293.21 million, a P/E ratio of 10.32 and a beta of 0.20.

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

About Clarke

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.