CKX Lands (NYSEAMERICAN:CKX) Stock Crosses Below 200-Day Moving Average – Here’s Why

CKX Lands, Inc. (NYSEAMERICAN:CKXGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.13 and traded as low as $10.47. CKX Lands shares last traded at $10.60, with a volume of 662 shares changing hands.

CKX Lands Price Performance

The firm has a market capitalization of $21.73 million, a price-to-earnings ratio of 58.89 and a beta of -0.22. The business’s 50-day moving average price is $11.10 and its 200 day moving average price is $11.13.

CKX Lands Company Profile

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CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.

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