Canlan Ice Sports (TSE:ICE) Stock Passes Above 200-Day Moving Average – Should You Sell?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.25 and traded as high as C$4.40. Canlan Ice Sports shares last traded at C$4.40, with a volume of 1,603 shares changing hands.

Canlan Ice Sports Stock Performance

The firm’s fifty day moving average is C$4.27 and its 200 day moving average is C$4.25. The firm has a market capitalization of C$58.68 million, a price-to-earnings ratio of 14.67 and a beta of -0.28. The company has a debt-to-equity ratio of 110.25, a current ratio of 0.81 and a quick ratio of 0.56.

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

About Canlan Ice Sports

(Get Free Report)

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

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