Crest Nicholson (LON:CRST) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Crest Nicholson Holdings plc (LON:CRST) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 186.61 ($2.32) and traded as low as GBX 170.50 ($2.12). Crest Nicholson shares last traded at GBX 171.50 ($2.14), with a volume of 3,426,480 shares trading hands.

Analysts Set New Price Targets

CRST has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and raised their price target for the company from GBX 180 ($2.24) to GBX 190 ($2.37) in a report on Thursday, December 5th. Berenberg Bank decreased their price objective on shares of Crest Nicholson from GBX 280 ($3.49) to GBX 215 ($2.68) and set a “hold” rating for the company in a report on Tuesday, October 22nd.

Crest Nicholson Price Performance

The company has a debt-to-equity ratio of 13.12, a quick ratio of 0.72 and a current ratio of 3.13. The business’s 50 day simple moving average is GBX 170.24 and its 200-day simple moving average is GBX 186.61. The stock has a market capitalization of £439.59 million, a price-to-earnings ratio of -1,715.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last posted its quarterly earnings data on Tuesday, February 4th. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.17%. Research analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Crest Nicholson Company Profile

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.