Clarkson (LON:CKN) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Clarkson PLC (LON:CKNGet Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,895.33 ($48.75) and traded as high as GBX 3,955 ($49.49). Clarkson shares last traded at GBX 3,955 ($49.49), with a volume of 11,197 shares.

Clarkson Stock Up 1.8 %

The stock has a market cap of £1.21 billion, a price-to-earnings ratio of 1,475.75 and a beta of 1.12. The business’s fifty day moving average is GBX 3,797.65 and its two-hundred day moving average is GBX 3,895.33. The company has a quick ratio of 1.69, a current ratio of 1.79 and a debt-to-equity ratio of 8.39.

About Clarkson

(Get Free Report)

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.

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