Crest Nicholson (LON:CRST) Stock Passes Below 200-Day Moving Average – Time to Sell?

by · The Markets Daily

Crest Nicholson Holdings plc (LON:CRST – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 206.20 ($2.59) and traded as low as GBX 164.60 ($2.07). Crest Nicholson shares last traded at GBX 168.20 ($2.11), with a volume of 994,279 shares changing hands.

Wall Street Analysts Forecast Growth

CRST has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and increased their price objective for the company from GBX 180 ($2.26) to GBX 190 ($2.39) in a report on Thursday, December 5th. Berenberg Bank reduced their target price on shares of Crest Nicholson from GBX 280 ($3.52) to GBX 215 ($2.70) and set a “hold” rating for the company in a research report on Tuesday, October 22nd.

Get Our Latest Stock Report on CRST

Crest Nicholson Stock Performance

The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. The firm has a fifty day moving average price of GBX 168.60 and a 200 day moving average price of GBX 205.95. The firm has a market cap of £431.13 million, a PE ratio of -1,682.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

About Crest Nicholson

(Get Free Report)

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.

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