Crest Nicholson (LON:CRST) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Crest Nicholson Holdings plc (LON:CRST) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 208.71 ($2.63) and traded as low as GBX 167.40 ($2.11). Crest Nicholson shares last traded at GBX 170 ($2.15), with a volume of 270,433 shares changing hands.

Analyst Ratings Changes

CRST has been the topic of several recent analyst reports. Berenberg Bank cut their price objective on shares of Crest Nicholson from GBX 280 ($3.53) to GBX 215 ($2.71) and set a “hold” rating on the stock in a report on Tuesday, October 22nd. JPMorgan Chase & Co. upgraded shares of Crest Nicholson to a “neutral” rating and upped their price objective for the company from GBX 180 ($2.27) to GBX 190 ($2.40) in a report on Thursday, December 5th.

Crest Nicholson Trading Down 0.1 %

The stock has a 50-day moving average of GBX 170.28 and a 200 day moving average of GBX 208.44. The stock has a market cap of £435.23 million, a PE ratio of -1,698.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12.

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.