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Clarke (TSE:CKI) Shares Cross Above 50 Day Moving Average - Here's Why

Clarke logo with Consumer Cyclical background

Clarke Inc. (TSE:CKI - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$23.47 and traded as high as C$28.06. Clarke shares last traded at C$28.06, with a volume of 200 shares.

Clarke Price Performance

The stock has a market capitalization of C$394.77 million, a price-to-earnings ratio of 16.56 and a beta of 1.18. The business's fifty day moving average price is C$23.82 and its 200-day moving average price is C$23.18.

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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