Clarke (TSE:CKI) Stock Passes Below 50 Day Moving Average - Should You Sell?


Clarke (TSE:CKI) Stock Passes Below 50 Day Moving Average   - Should You Sell?

Clarke Inc. (TSE:CKI - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$23.71 and traded as low as C$23.60. Clarke shares last traded at C$23.60, with a volume of 630 shares trading hands.

The stock's 50 day moving average is C$23.71 and its two-hundred day moving average is C$23.21. The stock has a market capitalization of C$329.22 million, a price-to-earnings ratio of 33.71 and a beta of 1.18. The company has a current ratio of 0.32, a quick ratio of 0.11 and a debt-to-equity ratio of 65.66.

Clarke Inc is a private equity and venture capital firm specializing in investments in middle market, turnaround, PIPEs, bridge financing, recapitalization, and buyout companies. It invests in undervalued or underperforming businesses with hard assets. It invests in companies, securities or other assets such as real estate, which can be public or private entities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Clarke, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Clarke wasn't on the list.

While Clarke currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

corporate

10745

tech

11464

entertainment

13195

research

6018

misc

14039

wellness

10697

athletics

14056