Canlan Ice Sports (TSE:ICE) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Canlan Ice Sports Corp. (TSE:ICE) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4.25 and traded as low as C$4.25. Canlan Ice Sports shares last traded at C$4.25, with a volume of 200 shares changing hands.

Canlan Ice Sports Trading Down 0.5%

The business has a fifty day simple moving average of C$4.26 and a 200-day simple moving average of C$4.25. The company has a debt-to-equity ratio of 110.25, a quick ratio of 0.56 and a current ratio of 0.81. The firm has a market cap of C$56.68 million, a price-to-earnings ratio of 14.17 and a beta of -0.28.

Canlan Ice Sports (TSE:ICE) last announced its quarterly earnings results on Thursday, November 13th. The company reported C($0.19) EPS for the quarter. The firm had revenue of C$21.14 million for the quarter. Canlan Ice Sports had a net margin of 0.52% and a return on equity of 1.03%.

Canlan Ice Sports Company Profile

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.