CKX Lands (NYSEAMERICAN:CKX) Stock Passes Below 200-Day Moving Average – What’s Next?

CKX Lands, Inc. (NYSEAMERICAN:CKXGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.83 and traded as low as $10.51. CKX Lands shares last traded at $10.51, with a volume of 1,450 shares trading hands.

CKX Lands Stock Performance

The firm’s 50 day moving average is $10.91 and its two-hundred day moving average is $10.83. The stock has a market capitalization of $21.93 million, a PE ratio of 7.54 and a beta of -0.07.

CKX Lands (NYSEAMERICAN:CKXGet Free Report) last issued its quarterly earnings results on Friday, August 7th. The financial services provider reported $0.06 EPS for the quarter. The company had revenue of $0.17 million during the quarter. CKX Lands had a net margin of 419.31% and a return on equity of 13.95%.

About CKX Lands

(Get Free Report)

CKX Lands, Inc is a land and natural-resource holding company focused on owning and managing real estate and mineral interests in Louisiana. The company’s assets are primarily located in southwestern Louisiana and include surface lands, subsurface mineral rights and timber-related interests.

CKX Lands generates revenue from activities associated with its property portfolio, including oil and natural gas mineral leasing and royalties, timber operations, agricultural and grazing leases, hunting leases, and other surface-use arrangements.

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