Canlan Ice Sports (TSE:ICE) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Canlan Ice Sports Corp. (TSE:ICE) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Canlan Ice Sports Price Performance

The stock has a market capitalization of C$57.88 million, a price-to-earnings ratio of 14.97 and a beta of -0.15. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 123.76. The stock has a 50-day simple moving average of C$4.10 and a 200 day simple moving average of C$4.21.

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

Canlan Ice Sports Company Profile

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.