Clarkson PLC (LON:CKN – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,515.93 and traded as high as GBX 4,726. Clarkson shares last traded at GBX 4,700.81, with a volume of 39,750 shares traded.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised Clarkson to a “hold” rating and raised their price objective for the company from GBX 4,400 to GBX 4,650 in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Clarkson currently has an average rating of “Moderate Buy” and an average price target of GBX 4,775.
Check Out Our Latest Stock Analysis on Clarkson
Clarkson Trading Up 0.0%
Insider Activity
In other news, insider Constantin Cotzias bought 1,127 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was acquired at an average cost of GBX 4,412 per share, with a total value of £49,723.24. Also, insider Jeff Woyda sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of GBX 4,778, for a total transaction of £2,866,800. 5.37% of the stock is currently owned by insiders.
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. 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.
Further Reading
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