Insider Buying: Clarkson (LON:CKN) Insider Buys 1,127 Shares of Stock

Clarkson PLC (LON:CKN) insider Constantin Cotzias acquired 1,127 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were purchased at an average price of GBX 4,412 per share, for a total transaction of £49,723.24.

Clarkson Trading Down 1.1%

Shares of Clarkson stock traded down GBX 48 during trading on Thursday, hitting GBX 4,400. The stock had a trading volume of 41,724 shares, compared to its average volume of 283,122. The firm’s fifty day simple moving average is GBX 4,750.92 and its 200-day simple moving average is GBX 4,363.74. The stock has a market cap of £1.35 billion, a PE ratio of 20.67 and a beta of 0.69. The company has a debt-to-equity ratio of 10.66, a current ratio of 1.78 and a quick ratio of 1.69. Clarkson PLC has a 12 month low of GBX 3,170 and a 12 month high of GBX 4,992.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Canaccord Genuity Group raised shares of Clarkson to a “hold” rating and lifted their price target for the company from GBX 4,400 to GBX 4,650 in a research note on Friday, May 8th. Berenberg Bank upped their price objective on shares of Clarkson from GBX 4,750 to GBX 5,250 and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Clarkson from GBX 4,850 to GBX 4,950 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,775.

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. Its Financial segment provides investment banking services for maritime, oil services, and natural resources sectors; structured asset finance services and projects in the shipping, offshore, and real estate sectors; and project finance and bespoke asset finance solutions.