Crest Nicholson (LON:CRST) Stock Passes Below 200 Day Moving Average of $199.00

Crest Nicholson Holdings plc (LON:CRST)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 199 ($2.50) and traded as low as GBX 196.20 ($2.46). Crest Nicholson shares last traded at GBX 198 ($2.49), with a volume of 531,924 shares traded.

Analyst Ratings Changes

Several research firms have recently weighed in on CRST. JPMorgan Chase & Co. lifted their price objective on shares of Crest Nicholson from GBX 160 ($2.01) to GBX 180 ($2.26) and gave the company an “underweight” rating in a research note on Friday, April 12th. Jefferies Financial Group restated a “hold” rating and issued a GBX 237 ($2.98) target price on shares of Crest Nicholson in a research note on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 222.40 ($2.79).

Crest Nicholson Stock Down 0.1 %

The firm has a market cap of £508.39 million, a P/E ratio of 2,828.57, a price-to-earnings-growth ratio of 0.51 and a beta of 1.94. The company has a debt-to-equity ratio of 12.16, a quick ratio of 0.72 and a current ratio of 3.33. The stock’s 50 day simple moving average is GBX 198.45 and its 200 day simple moving average is GBX 199.

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.