Christie Group (LON:CTG) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of Christie Group plc (LON:CTG) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 141.67 and traded as high as GBX 160. Christie Group shares last traded at GBX 155, with a volume of 20,974 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “house stock” rating on shares of Christie Group in a research note on Tuesday, June 16th.

Christie Group Stock Performance

The company has a debt-to-equity ratio of 525.76, a current ratio of 0.84 and a quick ratio of 1.14. The firm has a market capitalization of £39.72 million, a price-to-earnings ratio of 30.63 and a beta of 0.67. The firm’s fifty day moving average is GBX 141.67 and its 200 day moving average is GBX 138.56.

Christie Group (LON:CTG) last released its quarterly earnings data on Monday, April 27th. The company reported GBX 19.37 earnings per share for the quarter. The firm had revenue of GBX 7,060 million for the quarter. Christie Group had a negative net margin of 4.87% and a negative return on equity of 80.44%. On average, analysts predict that Christie Group plc will post 1500.0000655 EPS for the current fiscal year.

Christie Group Company Profile

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.