Crest Nicholson (LON:CRST) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Crest Nicholson Holdings plc (LON:CRST) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 175.08 and traded as low as GBX 162.30. Crest Nicholson shares last traded at GBX 163.90, with a volume of 292,839 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “hold” rating and issued a GBX 195 target price on shares of Crest Nicholson in a research note on Monday, September 8th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 192.50.

Crest Nicholson Price Performance

The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. The firm’s fifty day moving average price is GBX 160.48 and its two-hundred day moving average price is GBX 175.08. The stock has a market capitalization of £423.49 million, a PE ratio of -5.76, a PEG ratio of 0.51 and a beta of 2.00.

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.