Clarkson (LON:CKN) Issues Earnings Results

Clarkson (LON:CKNGet Free Report) released its earnings results on Monday. The company reported GBX 286.90 ($3.71) earnings per share for the quarter, Digital Look Earnings reports. Clarkson had a net margin of 13.10% and a return on equity of 17.96%.

Clarkson Price Performance

LON:CKN traded up GBX 60 ($0.78) during trading hours on Wednesday, reaching GBX 3,545 ($45.90). 114,396 shares of the company’s stock were exchanged, compared to its average volume of 413,507. The company has a market capitalization of £1.09 billion, a P/E ratio of 13.19 and a beta of 1.12. Clarkson has a 12 month low of GBX 3,345 ($43.31) and a 12 month high of GBX 4,675 ($60.53). The business’s 50-day simple moving average is GBX 4,249.70 and its two-hundred day simple moving average is GBX 3,919.43. The company has a quick ratio of 1.69, a current ratio of 1.79 and a debt-to-equity ratio of 8.45.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 4,500 ($58.26) target price on shares of Clarkson in a research note on Tuesday, January 14th.

Read Our Latest Report on Clarkson

About Clarkson

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Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners 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.

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