Clarke (TSE:CKI) Shares Pass Above 50 Day Moving Average – Should You Sell?

Shares of Clarke Inc. (TSE:CKI) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$23.44 and traded as high as C$26.55. Clarke shares last traded at C$26.55, with a volume of 200 shares trading hands.

Clarke Trading Up 0.8%

The company has a debt-to-equity ratio of 99.63, a quick ratio of 0.11 and a current ratio of 0.06. The company has a market cap of C$344.30 million, a P/E ratio of 27.95 and a beta of -0.03. The stock has a 50-day moving average of C$23.44 and a two-hundred day moving average of C$22.80.

Clarke (TSE:CKI) last posted its quarterly earnings data on Wednesday, March 4th. The company reported C($0.02) earnings per share for the quarter. Clarke had a net margin of 17.21% and a return on equity of 4.61%. The company had revenue of C$18.83 million for the quarter.

Clarke Company Profile

Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. It operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.