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Clarke (TSE:CKI) Share Price Passes Above Fifty Day Moving Average - What's Next?

Clarke logo with Consumer Cyclical background

Key Points

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Clarke Inc. (TSE:CKI - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$27.96 and traded as high as C$32.47. Clarke shares last traded at C$32.47, with a volume of 1,300 shares changing hands.

Clarke Trading Down 1.7%

The company has a 50 day moving average price of C$28.59 and a 200-day moving average price of C$24.64. The company has a market cap of C$411.50 million, a P/E ratio of 17.27 and a beta of 1.18.

Clarke Company Profile

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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.

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