Clarkson PLC (LON:CKN - Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,413.60 ($45.50) and traded as high as GBX 3,590 ($47.85). Clarkson shares last traded at GBX 3,575 ($47.65), with a volume of 66,082 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 4,150 price objective on shares of Clarkson in a report on Tuesday, August 5th. Berenberg Bank reissued a "buy" rating and issued a GBX 4,250 price objective on shares of Clarkson in a report on Tuesday, September 2nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of GBX 3,950.
Get Our Latest Analysis on Clarkson
Clarkson Price Performance
The stock's 50-day simple moving average is GBX 3,541.25 and its 200 day simple moving average is GBX 3,413.60. The company has a quick ratio of 1.69, a current ratio of 1.79 and a debt-to-equity ratio of 8.45. The company has a market cap of £1.10 billion, a price-to-earnings ratio of 14.64 and a beta of 1.12.
Clarkson (LON:CKN - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported GBX 98.60 earnings per share (EPS) for the quarter. Clarkson had a net margin of 13.10% and a return on equity of 17.96%. On average, equities research analysts anticipate that Clarkson PLC will post 283.011583 EPS for the current fiscal year.
Insider Activity
In other Clarkson news, insider Constantin Cotzias purchased 742 shares of Clarkson stock in a transaction dated Friday, October 17th. The shares were acquired at an average price of GBX 3,485 per share, with a total value of £25,858.70. Corporate insiders own 5.59% of the company's stock.
Clarkson Company Profile
(
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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.
Further Reading
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