Crest Nicholson (LON:CRST) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

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) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Crest Nicholson Stock Down 0.7%

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 firm's 50 day simple moving average is GBX 184.87 and its 200-day simple moving average is GBX 174.10. The stock has a market capitalization of £467.83 million, a price-to-earnings ratio of -17.56, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported GBX 2.20 ($0.03) EPS for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. Equities analysts expect that Crest Nicholson Holdings plc will post 9.0980939 earnings per share 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.