Canlan Ice Sports (TSE:ICE) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• Canlan Ice Sports Corp. shares recently surpassed their two hundred day moving average, trading at C$4.25 after reaching a high of C$4.38 during the session.
• The company has a market capitalization of C$56.68 million and is currently experiencing a decrease of 10.9% in its stock value.
• Canlan Ice Sports focuses on the development and operation of multi-purpose recreation and entertainment facilities in North America.

Shares of Canlan Ice Sports Corp. (TSE:ICE - ) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$4.01 and traded as high as C$4.38. Canlan Ice Sports shares last traded at C$4.25, with a volume of 13,627 shares changing hands.

Canlan Ice Sports Stock Down 10.9%

The company has a quick ratio of 0.56, a current ratio of 0.81 and a debt-to-equity ratio of 110.25. The stock's 50-day simple moving average is C$4.15 and its 200 day simple moving average is C$4.01. The firm has a market cap of C$56.68 million, a P/E ratio of 118.09 and a beta of 1.00.

About Canlan Ice Sports

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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