Canlan Ice Sports (TSE:ICE) Shares Cross Above 200-Day Moving Average – Should You Sell?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.21 and traded as high as C$4.30. Canlan Ice Sports shares last traded at C$4.07, with a volume of 2,500 shares changing hands.

Canlan Ice Sports Trading Down 2.9%

The stock’s fifty day moving average price is C$4.09 and its 200 day moving average price is C$4.21. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 123.76. The stock has a market cap of C$54.28 million, a PE ratio of 14.03 and a beta of -0.15.

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

About Canlan Ice Sports

(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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