Canlan Ice Sports (TSE:ICE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.26 and traded as high as C$4.31. Canlan Ice Sports shares last traded at C$4.30, with a volume of 250 shares changing hands.

Canlan Ice Sports Price Performance

The company has a debt-to-equity ratio of 123.76, a current ratio of 0.71 and a quick ratio of 0.56. The company has a fifty day moving average price of C$4.39 and a 200 day moving average price of C$4.26. The company has a market cap of C$57.35 million, a PE ratio of 13.87 and a beta of -0.07.

Canlan Ice Sports (TSE:ICEGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported C$0.65 earnings per share for the quarter. Canlan Ice Sports had a net margin of 4.16% and a return on equity of 10.44%. The business had revenue of C$29.36 million for the quarter.

Canlan Ice Sports Company Profile

(Get Free Report)

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

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