Insider Selling: Clarkson PLC (LON:CKN) Insider Sells 18,773 Shares of Stock

Clarkson PLC (LON:CKN) insider Jeff Woyda sold 18,773 shares of Clarkson stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of GBX 4,075 ($50.73), for a total transaction of £764,999.75 ($952,321.36).

Clarkson Trading Up 0.6 %

Shares of LON CKN opened at GBX 4,045 ($50.35) on Friday. Clarkson PLC has a 1-year low of GBX 2,500 ($31.12) and a 1-year high of GBX 4,145 ($51.60). The company has a current ratio of 1.59, a quick ratio of 1.69 and a debt-to-equity ratio of 9.46. The company has a 50-day moving average of GBX 3,828.09 and a two-hundred day moving average of GBX 3,309.27. The company has a market cap of £1.24 billion, a PE ratio of 1,476.28 and a beta of 1.16.

Clarkson Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 9th will be given a GBX 72 ($0.90) dividend. This represents a yield of 1.96%. The ex-dividend date of this dividend is Thursday, May 9th. This is a boost from Clarkson’s previous dividend of $30.00. Clarkson’s payout ratio is 3,722.63%.

Analyst Ratings Changes

A number of research firms recently weighed in on CKN. Canaccord Genuity Group raised their price target on Clarkson from GBX 4,325 ($53.84) to GBX 4,500 ($56.02) and gave the company a “buy” rating in a report on Tuesday, March 5th. JPMorgan Chase & Co. increased their target price on Clarkson from GBX 4,080 ($50.79) to GBX 4,320 ($53.78) and gave the stock an “overweight” rating in a report on Tuesday, March 5th.

About Clarkson

Clarkson PLC provides integrated shipping services worldwide. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase transactions, as well as futures broking operation.