Clarkson (LON:CKN) Stock Price Crosses Above Two Hundred Day Moving Average of $3,640.67

Clarkson PLC (LON:CKN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,640.67 ($49.42) and traded as high as GBX 3,860 ($52.40). Clarkson shares last traded at GBX 3,800 ($51.58), with a volume of 12,711 shares trading hands.

Several equities research analysts have recently commented on CKN shares. Liberum Capital reaffirmed a “buy” rating and set a GBX 4,470 ($60.68) target price on shares of Clarkson in a report on Wednesday, December 15th. Peel Hunt reaffirmed a “buy” rating and set a GBX 4,250 ($57.69) target price on shares of Clarkson in a report on Wednesday, November 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 4,132 ($56.09) target price on shares of Clarkson in a report on Friday, January 7th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 4,250 ($57.69) target price on shares of Clarkson in a report on Wednesday, November 3rd. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 4,157.43 ($56.43).

The firm has a 50 day moving average of GBX 3,801 and a 200-day moving average of GBX 3,640.67. The stock has a market capitalization of £1.16 billion and a PE ratio of -46.17. The company has a debt-to-equity ratio of 15.06, a quick ratio of 1.79 and a current ratio of 1.80.

Clarkson Company Profile (LON:CKN)

Clarkson PLC provides integrated shipping services worldwide. It operates through four segments: Broking, Financial, Support, and Research. The Broking segment provides services to ship owners 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.

Read More: What is basic economics?

Receive News & Ratings for Clarkson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarkson and related companies with MarketBeat.com's FREE daily email newsletter.