Clarkson (LON:CKN) Reaches New 12-Month High at $4,370.00

Shares of Clarkson PLC (LON:CKN) reached a new 52-week high on Thursday . The company traded as high as GBX 4,370 ($55.98) and last traded at GBX 4,345 ($55.66), with a volume of 135310 shares traded. The stock had previously closed at GBX 4,325 ($55.40).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 4,950 ($63.40) target price on shares of Clarkson in a research note on Tuesday, May 7th.

Clarkson Stock Up 1.4 %

The stock has a market cap of £1.34 billion, a P/E ratio of 1,578.47 and a beta of 1.16. The company’s 50 day moving average price is GBX 4,108.77 and its two-hundred day moving average price is GBX 3,837.92. The company has a quick ratio of 1.69, a current ratio of 1.59 and a debt-to-equity ratio of 9.46.

Insider Buying and Selling at Clarkson

In other news, insider Jeff Woyda sold 18,773 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 4,075 ($52.20), for a total transaction of £764,999.75 ($979,889.52). In related news, insider Andi Case sold 4,678 shares of Clarkson stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of GBX 4,000 ($51.24), for a total transaction of £187,120 ($239,682.34). Also, insider Jeff Woyda sold 18,773 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of GBX 4,075 ($52.20), for a total transaction of £764,999.75 ($979,889.52). 11.18% of the stock is currently owned by corporate insiders.

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.