Clarkson (LON:CKN) Insider Constantin Cotzias Acquires 1,097 Shares

Clarkson PLC (LON:CKN) insider Constantin Cotzias bought 1,097 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was purchased at an average price of GBX 4,624 per share, with a total value of £50,725.28.

Clarkson Stock Performance

LON:CKN opened at GBX 4,545 on Friday. The stock has a market cap of £1.40 billion, a P/E ratio of 18.64 and a beta of 0.89. The company has a current ratio of 1.78, a quick ratio of 1.69 and a debt-to-equity ratio of 10.66. The stock’s 50-day moving average is GBX 4,266.48 and its 200-day moving average is GBX 3,860.14. Clarkson PLC has a 1-year low of GBX 2,630 and a 1-year high of GBX 4,780.

Clarkson (LON:CKN) last released its quarterly earnings data on Monday, March 9th. The company reported GBX 225.80 earnings per share (EPS) for the quarter. Clarkson had a return on equity of 12.93% and a net margin of 10.41%. Equities research analysts anticipate that Clarkson PLC will post 283.011583 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on CKN. Deutsche Bank Aktiengesellschaft raised their price target on shares of Clarkson from GBX 4,850 to GBX 4,950 and gave the company a “buy” rating in a research note on Thursday. Canaccord Genuity Group reissued a “hold” rating and issued a GBX 4,400 price objective on shares of Clarkson in a research note on Thursday. Finally, Berenberg Bank increased their price objective on Clarkson from GBX 4,750 to GBX 5,250 and gave the company a “buy” rating in a report on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Clarkson presently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,712.50.

About Clarkson

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. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.