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CKX Lands (NYSEAMERICAN:CKX) Stock Passes Above Fifty Day Moving Average of $0.00

Defense World ·  Jan 13, 2023 16:32

CKX Lands, Inc. (NYSEAMERICAN:CKX – Get Rating) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $10.28. CKX Lands shares last traded at $10.14, with a volume of 1,161 shares traded.

CKX Lands Trading Up 0.7 %

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CKX Lands (NYSEAMERICAN:CKX – Get Rating) last released its earnings results on Wednesday, November 9th. The financial services provider reported ($0.03) earnings per share for the quarter. The firm had revenue of $0.33 million during the quarter. CKX Lands had a negative return on equity of 1.77% and a negative net margin of 28.69%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CKX Lands stock. Financial Management Professionals Inc. lifted its position in CKX Lands, Inc. (NYSEAMERICAN:CKX – Get Rating) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,475 shares of the financial services provider's stock after buying an additional 1,250 shares during the quarter. Financial Management Professionals Inc.'s holdings in CKX Lands were worth $105,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 15.19% of the company's stock.

About CKX Lands

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CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.

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