Clarke (TSE:CKI) Share Price Passes Below 50-Day Moving Average – Here’s Why

Clarke Inc. (TSE:CKIGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$22.48 and traded as low as C$22.15. Clarke shares last traded at C$22.40, with a volume of 2,200 shares trading hands.

Clarke Stock Performance

The company has a market capitalization of C$312.46 million, a PE ratio of 13.11 and a beta of 1.18. The business’s 50-day moving average is C$22.48 and its 200-day moving average is C$23.12.

Clarke Company Profile

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Clarke Inc is a private equity and venture capital firm specializing in investments in middle market, turnaround, PIPEs, bridge financing, recapitalization, and buyout companies. It invests in undervalued or underperforming businesses with hard assets. It invests in companies, securities or other assets such as real estate, which can be public or private entities.

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