Crest Nicholson (LON:CRST) Insider Buys £150.96 in Stock

Key Points

• Insider Martyn Clark purchased 102 shares of Crest Nicholson stock on September 10th at an average price of GBX 148, totaling £150.96.
• The company's stock experienced an increase during trading, reaching GBX 152.21, with a market capitalization of £390.20 million and significant debt indicated by a debt-to-equity ratio of 12.94.
• Berenberg Bank reiterated a "hold" rating for Crest Nicholson with a price target of GBX 195, reflecting cautious sentiment among analysts towards the stock.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider Martyn Clark bought 102 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The stock was purchased at an average cost of GBX 148 per share, for a total transaction of £150.96.

Martyn Clark also recently made the following trade(s):

• On Monday, August 11th, Martyn Clark purchased 82 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 183 per share, with a total value of £150.06.
• On Thursday, July 10th, Martyn Clark bought 79 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 188 per share, with a total value of £148.52.

Crest Nicholson Stock Performance

LON:CRST traded up GBX 3.41 during mid-day trading on Thursday, hitting GBX 152.21. 757,311 shares of the stock were exchanged, compared to its average volume of 1,545,545. The stock has a market capitalization of £390.20 million, a price-to-earnings ratio of -530.36, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. The firm's 50-day simple moving average is GBX 175.30 and its 200 day simple moving average is GBX 173.07. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. Crest Nicholson Holdings plc has a fifty-two week low of GBX 140.10 and a fifty-two week high of GBX 200.20.

Crest Nicholson (LON:CRST - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported GBX 2.20 earnings per share for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. As a group, equities analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "hold" rating and issued a GBX 195 price target on shares of Crest Nicholson in a research report on Monday. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of "Hold" and an average target price of GBX 192.50.

About Crest Nicholson

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.

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