Clarkson (LON:CKN) Announces Earnings Results

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

Clarkson Stock Performance

CKN stock traded up GBX 55 ($0.71) during midday trading on Wednesday, reaching GBX 3,540 ($45.83). The company had a trading volume of 131,000 shares, compared to its average volume of 413,839. The firm has a market capitalization of £1.09 billion, a PE ratio of 13.17 and a beta of 1.12. The stock has a 50 day moving average price of GBX 4,249.70 and a 200 day moving average price of GBX 3,919.43. Clarkson has a fifty-two week low of GBX 3,345 ($43.31) and a fifty-two week high of GBX 4,675 ($60.53). The company has a quick ratio of 1.69, a current ratio of 1.79 and a debt-to-equity ratio of 8.45.

Analyst Upgrades and Downgrades

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

Clarkson Company Profile

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.