Clarkson PLC (CKN.L) 09-04-20
Will shares in Clarkson PLC (CKN.L) continue to rally, setting new recent highs?
- Now trading at 2440p (at time of writing), the share price performance has been very strong.
- Will it come to an end, or is this trend your friend?
- Could this be the ideal opportunity for momentum traders?
- Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
- Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
- Shares -21% from 12-month highs; +24% from 12 month lows.
Latest News
27 Mar: Clarkson, the shipping services company, cancelled its final dividend, while stating that it expects the Covid-19 crisis to impact its trading in H1 2020.
11 Mar: JP Morgan Cazenove reiterates its overweight rating on Clarkson (CKN) and reduced the target price to 2940p (from 3100p).
09 Mar: Liberum Capital reiterates its buy rating on Clarkson (CKN) and reduced the target price to 3000p (from 3200p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires