Clarkson (LON:CKN) Hits New 52-Week High at $4,345.00

Clarkson PLC (LON:CKN) hit a new 52-week high on Friday . The company traded as high as GBX 4,345 ($55.12) and last traded at GBX 4,345 ($55.12), with a volume of 285 shares. The stock had previously closed at GBX 4,245 ($53.85).

Wall Street Analysts Forecast Growth

CKN has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 4,950 ($62.79) target price on shares of Clarkson in a research note on Tuesday, May 7th. Canaccord Genuity Group upped their price objective on Clarkson from GBX 4,325 ($54.86) to GBX 4,500 ($57.08) and gave the company a “buy” rating in a research note on Tuesday, March 5th. Finally, JPMorgan Chase & Co. upped their price objective on Clarkson from GBX 4,080 ($51.76) to GBX 4,320 ($54.80) and gave the company an “overweight” rating in a research note on Tuesday, March 5th.

Clarkson Trading Up 2.4 %

The company has a quick ratio of 1.69, a current ratio of 1.59 and a debt-to-equity ratio of 9.46. The firm has a 50 day moving average of GBX 4,064 and a 200 day moving average of GBX 3,764.89. The firm has a market cap of £1.33 billion, a PE ratio of 1,549.27 and a beta of 1.16.

Insider Buying and Selling at Clarkson

In other Clarkson news, insider Jeff Woyda sold 18,773 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of GBX 4,075 ($51.69), for a total transaction of £764,999.75 ($970,442.41). In other Clarkson news, insider Jeff Woyda sold 18,773 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of GBX 4,075 ($51.69), for a total transaction of £764,999.75 ($970,442.41). Also, insider Andi Case sold 4,678 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of GBX 4,000 ($50.74), for a total transaction of £187,120 ($237,371.56). Insiders own 11.18% of the company’s stock.

About Clarkson

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.