Clarkson PLC (OTCMKTS:CKNHF)’s stock price shot up 6.5% on Thursday . The stock traded as high as $54.13 and last traded at $54.13. 222 shares were traded during trading, a decline of 22% from the average session volume of 284 shares. The stock had previously closed at $50.85.
Separately, JPMorgan Chase & Co. cut Clarkson from an “overweight” rating to a “neutral” rating in a research note on Monday, November 8th.
The business has a fifty day moving average price of $51.27 and a 200 day moving average price of $49.87.
Clarkson Plc engages in the provision of integrated shipping services. It operates through the following segments: Broking, Financial, Support, and Research. The Broking segment refers to services provided to ship-owners and charterers in the transportation by sea of a wide range of cargoes. The Financial segment renders services in investment banking, specializing in the maritime, oil services, and natural resources sectors.
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