Clarkson PLC (LON:CKN - Get Free Report) insider Jeff Woyda sold 18,773 shares of the business's stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of GBX 4,075 ($50.73), for a total value of £764,999.75 ($952,321.36).
Clarkson Stock Performance
CKN stock traded up GBX 10 ($0.12) during mid-day trading on Wednesday, hitting GBX 4,020 ($50.04). 27,869 shares of the company were exchanged, compared to its average volume of 56,830. The stock has a market capitalization of £1.23 billion, a PE ratio of 1,467.15 and a beta of 1.16. The business has a 50 day simple moving average of GBX 3,805.19 and a 200-day simple moving average of GBX 3,299.08. The company has a current ratio of 1.59, a quick ratio of 1.69 and a debt-to-equity ratio of 9.46. Clarkson PLC has a 1-year low of GBX 2,500 ($31.12) and a 1-year high of GBX 4,145 ($51.60).
Clarkson Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, May 9th will be issued a dividend of GBX 72 ($0.90) per share. The ex-dividend date is Thursday, May 9th. This is a boost from Clarkson's previous dividend of $30.00. This represents a dividend yield of 1.96%. Clarkson's dividend payout ratio (DPR) is currently 3,722.63%.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on Clarkson from GBX 4,080 ($50.79) to GBX 4,320 ($53.78) and gave the company an "overweight" rating in a report on Tuesday, March 5th. Canaccord Genuity Group boosted their price objective on shares of Clarkson from GBX 4,325 ($53.84) to GBX 4,500 ($56.02) and gave the stock a "buy" rating in a research report on Tuesday, March 5th.
View Our Latest Stock Analysis on Clarkson
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.
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