Cairn Homes (LON:CRN) Stock Price Passes Below Fifty Day Moving Average - Should You Sell?

Cairn Homes plc (LON:CRN - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 165.82 ($2.20) and traded as low as GBX 162.20 ($2.15). Cairn Homes shares last traded at GBX 164.80 ($2.19), with a volume of 273,081 shares trading hands.

Cairn Homes Trading Up 4.0 %

The stock's fifty day simple moving average is GBX 165.41 and its 200-day simple moving average is GBX 176.98. The company has a debt-to-equity ratio of 39.97, a current ratio of 9.29 and a quick ratio of 0.22. The firm has a market cap of £1.28 billion, a PE ratio of 12.00 and a beta of 1.12.

Cairn Homes Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 16th. Investors of record on Thursday, April 24th will be paid a €0.04 ($0.05) dividend. This is a positive change from Cairn Homes's previous dividend of $0.04. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 2.16%. Cairn Homes's dividend payout ratio (DPR) is 41.97%.

Cairn Homes Company Profile

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages 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.