Key Points
- Insider buying: Thomas Patrick Ellis Casey bought 600 shares of Clarke Inc. at C$27.00 each, spending C$16,200. After the trade, his stake rose to 1,800 shares, a 50% increase.
- Recent earnings: Clarke reported quarterly earnings of C$1.07 per share on revenue of C$18.76 million. The company posted a return on equity of 10.41% and a net margin of 37.21%.
- Stock snapshot: Clarke shares opened at C$27.00, near the insider purchase price, with the stock trading above both its 50-day and 200-day moving averages. The company has a market cap of C$350.14 million and a high debt-to-equity ratio of 52.06.
Clarke Inc. (TSE:CKI - Get Free Report) insider Thomas Patrick Ellis Casey acquired 600 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of C$27.00 per share, with a total value of C$16,200.00. Following the completion of the transaction, the insider owned 1,800 shares in the company, valued at approximately C$48,600. This represents a 50.00% increase in their position.
Clarke Stock Performance
CKI stock opened at C$27.00 on Wednesday. The stock has a 50-day moving average price of C$23.84 and a 200-day moving average price of C$22.85. Clarke Inc. has a 1-year low of C$18.76 and a 1-year high of C$36.50. The company has a current ratio of 0.05, a quick ratio of 0.11 and a debt-to-equity ratio of 52.06. The firm has a market cap of C$350.14 million, a PE ratio of 28.42 and a beta of -0.03.
Clarke (TSE:CKI - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported C$1.07 earnings per share for the quarter. Clarke had a return on equity of 10.41% and a net margin of 37.21%.The firm had revenue of C$18.76 million during the quarter.
About Clarke
(
Get Free Report)
Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. It operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.
Further Reading
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