Crest Nicholson (LON:CRST) Shares Pass Below 200-Day Moving Average - Here's What Happened

Key Points

• Crest Nicholson Holdings plc shares fell below their 200-day moving average, trading as low as GBX 143.30 ($1.93) and last at GBX 146.70 ($1.97) with a significant trading volume of 6,705,955 shares.
• The company reported a negative price-to-earnings ratio of -516.44 and had earnings per share of GBX 2.20 for the recent quarter.
• Currently, Crest Nicholson has a market cap of £379.95 million and analysts predict it will post an earnings per share of approximately 9.1 for the current year.

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 173.41 ($2.33) and traded as low as GBX 143.30 ($1.93). Crest Nicholson shares last traded at GBX 146.70 ($1.97), with a volume of 6,705,955 shares changing hands.

Crest Nicholson Price Performance

The stock has a market cap of £379.95 million, a price-to-earnings ratio of -516.44, a PEG ratio of 0.51 and a beta of 2.00. The company has a 50-day moving average of GBX 179.24 and a 200-day moving average of GBX 173.41. 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 (LON:CRST - Get Free Report) last issued its quarterly earnings results on Thursday, June 12th. The company reported GBX 2.20 earnings per share (EPS) 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 research analysts predict that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current 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.

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