Canlan Ice Sports (TSE:ICE) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report)’s share price crossed 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.

Canlan Ice Sports Stock Down 2.2%

The firm has a market cap of C$58.68 million, a price-to-earnings ratio of 14.67 and a beta of -0.28. The company has a current ratio of 0.81, a quick ratio of 0.56 and a debt-to-equity ratio of 110.25. The stock has a 50-day moving average of C$4.27 and a 200-day moving average of C$4.25.

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 for the quarter. Canlan Ice Sports had a return on equity of 1.03% and a net margin of 0.52%.The company had revenue of C$21.14 million during the quarter.

About Canlan Ice Sports

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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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