Martyn Clark Buys 102 Shares of Crest Nicholson (LON:CRST) 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 firm's stock in a transaction on Wednesday, September 10th. The shares were bought at an average cost of GBX 148 per share, with a total value of £150.96.

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

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

Crest Nicholson Price Performance

Shares of Crest Nicholson stock traded down GBX 1.50 during trading on Tuesday, hitting GBX 151.20. 712,015 shares of the company's stock traded hands, compared to its average volume of 1,530,939. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72. The firm's fifty day moving average price is GBX 173.42 and its 200 day moving average price is GBX 173.26. Crest Nicholson Holdings plc has a twelve month low of GBX 140.10 and a twelve month high of GBX 200.20. The company has a market cap of £387.60 million, a PE ratio of -526.83, a PEG ratio of 0.51 and a beta of 2.00.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 195 target price on shares of Crest Nicholson in a research note on Monday, September 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Crest Nicholson currently has a consensus rating of "Hold" and an average price target of GBX 192.50.

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.