Canlan Ice Sports (TSE:ICE) Share Price Passes Above 50-Day Moving Average – What’s Next?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.30 and traded as high as C$4.32. Canlan Ice Sports shares last traded at C$4.32, with a volume of 1,339 shares.

Canlan Ice Sports Price Performance

The firm has a market cap of C$57.62 million, a P/E ratio of 13.94 and a beta of -0.07. The stock’s 50-day moving average is C$4.30 and its 200-day moving average is C$4.23. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 123.76.

Canlan Ice Sports (TSE:ICEGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported C$0.65 earnings per share (EPS) for the quarter. Canlan Ice Sports had a net margin of 4.16% and a return on equity of 10.44%. The company had revenue of C$29.36 million for the quarter.

Canlan Ice Sports Company Profile

(Get Free Report)

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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