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Clarke (TSE:CKI) Stock Crosses Below Fifty Day Moving Average - Here's Why

Clarke logo with Consumer Cyclical background

Clarke Inc. (TSE:CKI - Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$22.48 and traded as low as C$22.15. Clarke shares last traded at C$22.40, with a volume of 2,200 shares.

Clarke Price Performance

The firm has a market capitalization of C$311.91 million, a P/E ratio of 13.09 and a beta of 1.18. The stock's 50 day moving average is C$22.48 and its two-hundred day moving average is C$23.09.

About Clarke

(Get Free Report)

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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