Clarke (TSE:CKI) Stock Price Crosses Below 50 Day Moving Average - Time to Sell?

Key Points

• Clarke Inc. (TSE:CKI) shares fell below their 50-day moving average of C$30.26, trading as low as C$28.49, signaling potential concerns for investors.
• The stock price is down 1.1% with a market capitalization of C$388.92 million and a P/E ratio of 12.78.
• Clarke Inc. specializes in private equity and venture capital investments in underperforming businesses, focusing on those with hard assets.

Clarke Inc. (TSE:CKI - )'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$30.26 and traded as low as C$28.49. Clarke shares last traded at C$28.49, with a volume of 100 shares.

Clarke Stock Down 1.1%

The firm's 50-day simple moving average is C$30.26 and its 200 day simple moving average is C$25.55. The stock has a market capitalization of C$388.92 million, a P/E ratio of 12.78 and a beta of 0.37.

About Clarke

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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