Clarkson (OTCMKTS:CKNHF) Stock Price Up 6.5%

Shares of Clarkson PLC (OTCMKTS:CKNHF) rose 6.5% during mid-day trading on Thursday . The company traded as high as $54.13 and last traded at $54.13. Approximately 222 shares traded hands during trading, a decline of 22% from the average daily 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 report on Monday, November 8th.

The stock’s 50-day simple moving average is $51.27 and its 200 day simple moving average is $49.87.

Clarkson Company Profile (OTCMKTS:CKNHF)

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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