Insider Buying: Clarke (TSE:CKI) Insider Acquires C$16,200.00 in Stock

Clarke Inc. (TSE:CKI) insider Thomas Patrick Ellis Casey purchased 600 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average cost of C$27.00 per share, with a total value of C$16,200.00. Following the completion of the acquisition, the insider directly owned 1,800 shares of the company’s stock, valued at C$48,600. This represents a 50.00% increase in their ownership of the stock.

Clarke Stock Up 0.5%

CKI stock opened at C$27.50 on Friday. The company has a current ratio of 0.05, a quick ratio of 0.11 and a debt-to-equity ratio of 109.01. Clarke Inc. has a twelve month low of C$18.76 and a twelve month high of C$36.50. The company’s 50 day moving average is C$24.08 and its two-hundred day moving average is C$22.89. The stock has a market cap of C$356.62 million, a P/E ratio of 28.95 and a beta of -0.03.

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

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.