Canlan Ice Sports (TSE:ICE) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Canlan Ice Sports Corp. (TSE:ICE)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.25 and traded as low as C$4.19. Canlan Ice Sports shares last traded at C$4.19, with a volume of 304 shares.

Canlan Ice Sports Stock Down 0.2%

The stock’s 50 day moving average is C$4.12 and its 200 day moving average is C$4.25. The firm has a market cap of C$55.88 million, a price-to-earnings ratio of 14.45 and a beta of -0.14. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 142.85.

Canlan Ice Sports (TSE:ICE) last announced its quarterly earnings data on Tuesday, March 24th. The company reported C$0.17 earnings per share (EPS) for the quarter. Canlan Ice Sports had a net margin of 3.86% and a return on equity of 8.91%. The company had revenue of C$27.42 million for the quarter.

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.