Crest Nicholson (LON:CRST) Stock Passes Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Crest Nicholson's stock dropped below its 200‑day moving average, trading as low as GBX 101 and last at GBX 101 on heavy volume of 18,722,564 shares.
• Analysts hold a consensus “Moderate Buy” with an average price target of GBX 183.33, though views vary — RBC and Jefferies have higher targets (GBX 215/230) while JPMorgan and Stifel are more cautious.
• Company fundamentals show a small market cap (£259.2m) and stretched valuation (P/E 112.22) with thin profitability (net margin 0.36%, ROE 0.30%); insiders have both sold and bought recently and own 4.49% of the stock.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 145.49 and traded as low as GBX 101. Crest Nicholson shares last traded at GBX 101, with a volume of 18,722,564 shares.

Analyst Ratings Changes

Several analysts recently issued reports on CRST shares. Royal Bank Of Canada boosted their target price on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the company an "outperform" rating in a research report on Monday, February 2nd. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 230 price target on shares of Crest Nicholson in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut their price target on Crest Nicholson from GBX 190 to GBX 160 and set a "neutral" rating for the company in a report on Thursday, December 4th. Finally, Stifel Nicolaus restated a "hold" rating and issued a GBX 125 price target on shares of Crest Nicholson in a research report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 183.33.

Crest Nicholson Stock Down 2.9%

The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. The company has a 50 day simple moving average of GBX 136.81 and a two-hundred day simple moving average of GBX 145.49. The firm has a market capitalization of £259.21 million, a P/E ratio of 112.22, a P/E/G ratio of 0.51 and a beta of 1.42.

Crest Nicholson (LON:CRST - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 earnings per share (EPS) for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. On average, equities analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current fiscal year.

Insider Buying and Selling

In other Crest Nicholson news, insider Martyn Clark sold 46,077 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total transaction of £69,576.27. Also, insider Gillian Kent bought 9,538 shares of the firm's stock in a transaction dated Monday, March 23rd. The shares were acquired at an average price of GBX 104 per share, for a total transaction of £9,919.52. Insiders have bought a total of 10,250 shares of company stock valued at $1,091,836 over the last quarter. Corporate insiders own 4.49% of the company's stock.

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.

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