Cairn Homes (LON:CRN) Share Price Passes Below 50 Day Moving Average - What's Next?

Key Points

• Cairn Homes plc shares fell below their 50-day moving average of GBX 186.78, trading as low as GBX 181.40 during Thursday's session.
• The company has a market capitalization of £1.41 billion, with a price-to-earnings ratio of 13.25 and a debt-to-equity ratio of 39.97.
• Cairn Homes operates as a home and community builder in Ireland, engaging in the development and sale of residential properties and rental of properties.

Shares of Cairn Homes plc (LON:CRN - ) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 186.78 ($2.53) and traded as low as GBX 181.40 ($2.45). Cairn Homes shares last traded at GBX 186.20 ($2.52), with a volume of 179,343 shares changing hands.

Cairn Homes Price Performance

The company has a current ratio of 9.29, a quick ratio of 0.22 and a debt-to-equity ratio of 39.97. The firm has a market capitalization of £1.41 billion, a price-to-earnings ratio of 13.25 and a beta of 1.12. The company's 50 day moving average is GBX 186.78 and its 200-day moving average is GBX 178.03.

About Cairn Homes

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.