Clarke (TSE:CKI) Stock Passes Above Fifty Day Moving Average of $18.83

Shares of Clarke Inc. (TSE:CKI) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$18.83 and traded as high as C$19.20. Clarke shares last traded at C$19.20, with a volume of 1,000 shares trading hands.

Clarke Price Performance

The company has a debt-to-equity ratio of 54.69, a current ratio of 0.49 and a quick ratio of 0.11. The stock’s fifty day simple moving average is C$18.87 and its 200-day simple moving average is C$15.85. The company has a market capitalization of C$268.03 million, a P/E ratio of 80.00 and a beta of 1.11.

Clarke (TSE:CKI) last released its earnings results on Wednesday, March 6th. The company reported C$0.54 earnings per share for the quarter. The business had revenue of C$25.10 million during the quarter. Clarke had a net margin of 4.20% and a return on equity of 1.54%.

About Clarke

Clarke Inc is a private equity and venture capital firm specializing in investments in middle market, turnaround, PIPEs, bridge financing, recapitalization, and buyout companies. It invests in undervalued or underperforming businesses with hard assets. It invests in companies, securities or other assets such as real estate, which can be public or private entities.