Clarkson PLC (LON:CKN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,425.67 ($46.43) and traded as high as GBX 3,686.47 ($49.97). Clarkson shares last traded at GBX 3,660 ($49.61), with a volume of 105,825 shares traded.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on CKN shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 4,250 price target on shares of Clarkson in a research note on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 4,150 target price on shares of Clarkson in a research note on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Clarkson has an average rating of "Buy" and an average target price of GBX 3,950.
Check Out Our Latest Research Report on Clarkson
Clarkson Stock Up 2.5%
The firm has a 50-day moving average of GBX 3,507.80 and a 200 day moving average of GBX 3,425.67. The stock has a market capitalization of £1.12 billion, a price-to-earnings ratio of 1,501.23 and a beta of 1.12. The company has a current ratio of 1.79, a quick ratio of 1.69 and a debt-to-equity ratio of 8.45.
Clarkson (LON:CKN - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported GBX 98.60 EPS for the quarter. Clarkson had a return on equity of 17.96% and a net margin of 13.10%. On average, sell-side analysts anticipate that Clarkson PLC will post 283.011583 earnings per share for the current year.
About Clarkson
(
Get Free Report)
Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.
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