Canlan Ice Sports (TSE:ICE) Stock Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Price breach: Canlan Ice Sports shares traded as low as C$4.19, dipping below the 200‑day moving average of C$4.25 (50‑day MA C$4.12), signaling a potential technical weakness.
• Recent results: The company reported C$0.17 EPS on C$27.42 million of revenue, with a net margin of 3.86% and ROE of 8.91%, reflecting modest profitability.
• Financial risk: Market cap is C$55.88M with a P/E of 14.45, but liquidity is weak (quick ratio 0.56, current ratio 0.59) and debt is high (debt‑to‑equity 142.85), indicating leverage concerns.

Canlan Ice Sports Corp. (TSE:ICE - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.25 and traded as low as C$4.19. Canlan Ice Sports shares last traded at C$4.19, with a volume of 304 shares.

Canlan Ice Sports Stock Down 0.2%

The stock's 50 day moving average is C$4.12 and its 200 day moving average is C$4.25. The firm has a market cap of C$55.88 million, a price-to-earnings ratio of 14.45 and a beta of -0.14. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 142.85.

Canlan Ice Sports (TSE:ICE - Get Free Report) last announced its quarterly earnings data on Tuesday, March 24th. The company reported C$0.17 earnings per share (EPS) for the quarter. Canlan Ice Sports had a net margin of 3.86% and a return on equity of 8.91%. The company had revenue of C$27.42 million for the quarter.

Canlan Ice Sports Company Profile

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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