Clarkson (LON:CKN) Shares Pass Below 50 Day Moving Average of $2,458.70

Clarkson PLC (LON:CKN)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2,458.70 and traded as low as $2,605.00. Clarkson shares last traded at $2,620.00, with a volume of 12,555 shares trading hands.

A number of research firms recently issued reports on CKN. Liberum Capital reiterated a “buy” rating on shares of Crest Nicholson in a research report on Tuesday, March 26th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Anglo American in a research report on Wednesday, May 15th.

The stock has a fifty day simple moving average of GBX 2,466. The firm has a market cap of $794.52 million and a PE ratio of 26.57.

In other Clarkson news, insider Andi Case sold 15,233 shares of the company’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of GBX 2,390 ($31.23), for a total transaction of £364,068.70 ($475,720.24).

About Clarkson (LON:CKN)

Clarkson PLC provides integrated shipping services worldwide. It operates through four segments: Broking, Financial, Support, and Research. The Broking segment includes services provided 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 arranges principal-to-principal cash-settled contracts for differences based upon standardized freight contracts.

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