Crest Nicholson (LON:CRST) Stock Passes Above 200-Day Moving Average - Here's Why

Key Points

• Crest Nicholson Holdings plc's share price has surpassed its 200-day moving average of GBX 173.73, currently trading at GBX 182.70 ($2.41).
• The company reported a negative net margin of 4.21% and a negative return on equity of 3.47% in its most recent earnings announcement.
• Crest Nicholson boasts a market capitalization of £457.99 million and has a quick ratio of 0.72, indicating financial liquidity concerns.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 173.73 ($2.31) and traded as high as GBX 182.70 ($2.43). Crest Nicholson shares last traded at GBX 182.70 ($2.43), with a volume of 279,526 shares changing hands.

Crest Nicholson Trading Down 0.9%

The stock has a market cap of £464.24 million, a P/E ratio of -17.43, a P/E/G ratio of 0.51 and a beta of 2.00. 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 company has a 50-day moving average price of GBX 184.87 and a two-hundred day moving average price of GBX 174.09.

Crest Nicholson (LON:CRST - Get Free Report) last released its earnings results on Thursday, June 12th. The company reported GBX 2.20 ($0.03) 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%. On average, research analysts expect that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

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.