Clarkson PLC (LON:CKN)’s stock price 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 traded.
Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 4,132 ($56.09) price target on shares of Clarkson in a research note on Friday, January 7th. Liberum Capital reissued a “buy” rating and issued a GBX 4,470 ($60.68) target price on shares of Clarkson in a research note on Wednesday, December 15th. Peel Hunt reissued a “buy” rating and issued a GBX 4,250 ($57.69) target price on shares of Clarkson in a research note on Wednesday, November 3rd. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 4,250 ($57.69) target price on shares of Clarkson in a research note on Wednesday, November 3rd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Clarkson has a consensus rating of “Buy” and a consensus target price of GBX 4,157.43 ($56.43).
The stock has a market cap of £1.16 billion and a PE ratio of -46.17. The stock has a fifty day simple moving average of GBX 3,801 and a two-hundred day simple moving average of GBX 3,640.67. 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 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.
Recommended Story: How is a management fee different from a performance fee?
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.