Christie Group (LON:CTG) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Christie Group plc (LON:CTG) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 138.11 and traded as high as GBX 145. Christie Group shares last traded at GBX 130, with a volume of 16,517 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of Christie Group in a research note on Monday, January 19th.

Christie Group Price Performance

The company’s 50-day moving average price is GBX 138.11 and its 200-day moving average price is GBX 119.18. The company has a quick ratio of 1.14, a current ratio of 0.84 and a debt-to-equity ratio of 525.76. The firm has a market cap of £35.24 million, a price-to-earnings ratio of 9.92 and a beta of 0.67.

Insiders Place Their Bets

In other Christie Group news, insider Paul Harding bought 18,268 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average cost of GBX 67 per share, with a total value of £12,239.56. 61.34% of the stock is currently owned by insiders.

About Christie Group

Christie Group plc, together with its subsidiaries, provides professional services for the hospitality, leisure, healthcare, medical, childcare, education, and retail sectors in Europe and internationally. It operates in three segments: Professional & Financial Services; Stock & Inventory Systems & Services; and Other. The company engages in valuing, buying, selling, developing, financing, and insuring various businesses; provision of appraisal and project management services, as well as professional agency, consultancy and valuation, and insurance services under the Christie & Co, Christie Finance, Christie Insurance, and Pinders brands.