Capital & Regional (LON:CAL) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Capital & Regional Plc (LON:CAL) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 59.91 ($0.80) and traded as high as GBX 65 ($0.87). Capital & Regional shares last traded at GBX 64.40 ($0.86), with a volume of 44,614 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on Capital & Regional from GBX 65 ($0.87) to GBX 75 ($1.00) and gave the company a “buy” rating in a report on Monday, August 5th.

Capital & Regional Price Performance

The company has a fifty day simple moving average of GBX 65.87 and a two-hundred day simple moving average of GBX 60.03. The company has a debt-to-equity ratio of 110.84, a quick ratio of 1.58 and a current ratio of 1.68. The company has a market capitalization of £149.78 million, a price-to-earnings ratio of 3,330.00, a P/E/G ratio of 1.40 and a beta of 1.73.

Capital & Regional Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were issued a GBX 2.85 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a yield of 4.38%.

Capital & Regional Company Profile

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.