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

Clarke Inc. (TSE:CKI) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$25.20 and traded as high as C$26.14. Clarke shares last traded at C$26.14, with a volume of 503 shares.

Clarke Trading Up 0.6%

The stock’s fifty day moving average price is C$25.41 and its 200 day moving average price is C$23.12. The company has a quick ratio of 0.11, a current ratio of 0.05 and a debt-to-equity ratio of 109.01. The stock has a market cap of C$350.14 million, a PE ratio of 12.33 and a beta of -0.03.

Clarke (TSE:CKI) last posted its quarterly earnings results on Monday, May 11th. The company reported C$1.07 EPS for the quarter. Clarke had a net margin of 37.21% and a return on equity of 10.41%. The firm had revenue of C$18.76 million for the quarter.

About Clarke

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.