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

Key Points

• Cairn Homes plc shares fell below their 50-day moving average of GBX 186.25, trading as low as GBX 183.60 during the session.
• The company's debt-to-equity ratio stands at 39.97, while its market cap is approximately £1.37 billion with a price-to-earnings ratio of 12.93.
• Cairn Homes operates as a home and community builder in Ireland and is involved in the development and sale of residential properties as well as leasing services.

Cairn Homes plc (LON:CRN - Get Free Report)'s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 186.25 ($2.48) and traded as low as GBX 183.60 ($2.44). Cairn Homes shares last traded at GBX 184.80 ($2.46), with a volume of 97,462 shares.

Cairn Homes Price Performance

The firm's 50-day moving average price is GBX 186.46 and its two-hundred day moving average price is GBX 177.53. The stock has a market cap of £1.41 billion, a PE ratio of 13.25 and a beta of 1.12. The company has a current ratio of 9.29, a quick ratio of 0.22 and a debt-to-equity ratio of 39.97.

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.