Crest Nicholson (LON:CRST) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Crest Nicholson's share price has fallen below its 200-day moving average, indicating a potential bearish trend for investors.
• The company reported a negative return on equity of -3.47% and a negative net margin of -4.21%, suggesting ongoing profitability challenges.
• Crest Nicholson has a market capitalization of £450.13 million and is expected to post an average earnings per share of 9.10 for the current fiscal year.

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 174.33 ($2.36) and traded as low as GBX 172.90 ($2.34). Crest Nicholson shares last traded at GBX 175.90 ($2.38), with a volume of 332,837 shares changing hands.

Crest Nicholson Trading Up 0.9%

The company has a 50 day simple moving average of GBX 184.18 and a 200 day simple moving average of GBX 174.33. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94. The stock has a market capitalization of £436.28 million, a PE ratio of -16.38, a P/E/G ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST - Get Free Report) last posted 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%. Analysts predict that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current fiscal year.

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.