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Clarke (TSE:CKI) Stock Crosses Below 50 Day Moving Average - What's Next?

Clarke logo with Consumer Cyclical background

Key Points

  • Clarke Inc. (TSE:CKI) shares fell below their 50-day moving average of C$30.13, with the stock trading as low as C$28.75.
  • The company's market capitalization is approximately C$392.47 million and it has a P/E ratio of 12.89.
  • Clarke Inc. specializes in private equity and venture capital investments in underperforming businesses and assets.
  • MarketBeat previews top five stocks to own in October.

Clarke Inc. (TSE:CKI - Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$30.13 and traded as low as C$28.75. Clarke shares last traded at C$28.75, with a volume of 1,585 shares.

Clarke Trading Up 1.8%

The business's 50-day moving average is C$30.13 and its two-hundred day moving average is C$25.28. The firm has a market cap of C$392.47 million, a P/E ratio of 12.89 and a beta of 0.37.

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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