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

Crest Nicholson Holdings plc (LON:CRST)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 196 ($2.40) and traded as low as GBX 162 ($1.98). Crest Nicholson shares last traded at GBX 168.90 ($2.07), with a volume of 1,062,673 shares traded.

Analyst Ratings Changes

A number of equities analysts have recently commented on CRST shares. Berenberg Bank cut their target price on shares of Crest Nicholson from GBX 280 ($3.43) to GBX 215 ($2.63) and set a “hold” rating on the stock in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. raised Crest Nicholson to a “neutral” rating and raised their price objective for the company from GBX 180 ($2.20) to GBX 190 ($2.33) in a research report on Thursday, December 5th.

Crest Nicholson Trading Down 0.4 %

The firm has a market capitalization of £431.39 million, a price-to-earnings ratio of -1,683.00, a PEG ratio of 0.51 and a beta of 2.00. The business’s 50-day moving average price is GBX 163.35 and its 200 day moving average price is GBX 196. The company has a debt-to-equity ratio of 13.12, a current ratio of 3.13 and a quick ratio of 0.72.

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.