Crest Nicholson (LON:CRST) Share Price Passes Below 200 Day Moving Average of $220.00

Crest Nicholson Holdings plc (LON:CRST)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 220 ($2.94) and traded as low as GBX 192.10 ($2.56). Crest Nicholson shares last traded at GBX 193.90 ($2.59), with a volume of 278,220 shares.

Wall Street Analysts Forecast Growth

CRST has been the topic of several recent analyst reports. JPMorgan Chase & Co. restated an “underweight” rating on shares of Crest Nicholson in a report on Friday, July 5th. Berenberg Bank cut shares of Crest Nicholson to a “hold” rating and set a GBX 280 ($3.74) target price on the stock. in a report on Wednesday, July 31st. Finally, Royal Bank of Canada lifted their price target on Crest Nicholson from GBX 175 ($2.34) to GBX 250 ($3.34) and gave the stock an “underperform” rating in a research report on Tuesday, June 18th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 229.40 ($3.06).

Crest Nicholson Stock Performance

The business’s fifty day simple moving average is GBX 225.64 and its 200-day simple moving average is GBX 220. The company has a debt-to-equity ratio of 13.12, a quick ratio of 0.72 and a current ratio of 3.13. The firm has a market capitalization of £497.00 million, a PE ratio of -1,939.00, a price-to-earnings-growth 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.