Cairn Homes (LON:CRN) Hits New 52-Week High at $164.40

Cairn Homes plc (LON:CRN) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 164.40 ($2.17) and last traded at GBX 164 ($2.16), with a volume of 468614 shares changing hands. The stock had previously closed at GBX 162.60 ($2.14).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 165 ($2.18) price objective on shares of Cairn Homes in a research note on Thursday, July 4th.

Cairn Homes Price Performance

The stock has a 50 day moving average of GBX 154.35 and a two-hundred day moving average of GBX 143.09. The company has a debt-to-equity ratio of 23.81, a quick ratio of 0.22 and a current ratio of 8.88. The stock has a market cap of £1.04 billion, a PE ratio of 1,490.91 and a beta of 1.12.

Cairn Homes Company Profile

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.