CKX Lands (NYSEAMERICAN:CKX) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

CKX Lands, Inc. (NYSEAMERICAN:CKX) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.63 and traded as high as $11.15. CKX Lands shares last traded at $11.11, with a volume of 9,297 shares.

CKX Lands Trading Up 2.4%

The business has a fifty day moving average price of $9.63 and a two-hundred day moving average price of $10.70. The company has a market cap of $22.78 million, a price-to-earnings ratio of 48.30 and a beta of -0.21.

CKX Lands (NYSEAMERICAN:CKX) last posted its quarterly earnings results on Monday, November 10th. The financial services provider reported $0.08 EPS for the quarter. The business had revenue of $0.23 million during the quarter. CKX Lands had a net margin of 52.90% and a return on equity of 2.54%.

Hedge Funds Weigh In On CKX Lands

An institutional investor recently raised its position in CKX Lands stock. Susquehanna International Group LLP increased its position in shares of CKX Lands, Inc. (NYSEAMERICAN:CKX) by 40.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,822 shares of the financial services provider’s stock after acquiring an additional 4,519 shares during the period. Susquehanna International Group LLP owned about 0.77% of CKX Lands worth $176,000 as of its most recent filing with the Securities and Exchange Commission. 16.13% of the stock is currently owned by institutional investors.

CKX Lands Company Profile

CKX Lands Corp is a Canada-based provider of land management and real estate advisory services focused on agricultural and rural properties. The company specializes in the acquisition, disposition and leasing of farmland and ranchland across Western Canada, with particular emphasis on key agricultural regions in Alberta, Saskatchewan and Manitoba. By combining local market expertise with a network of land professionals, CKX Lands assists landowners, producers and institutional investors in navigating the complexities of rural real estate transactions.

The firm’s core services include land brokerage, valuation and consulting, offering tailored solutions that address property due diligence, title review and land-use planning.