Crest Nicholson (LON:CRST) Share Price Crosses Below 200 Day Moving Average of $195.89

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 195.89 ($2.48) and traded as low as GBX 189 ($2.39). Crest Nicholson shares last traded at GBX 194.50 ($2.46), with a volume of 784,812 shares traded.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a "hold" rating and set a GBX 237 ($3.00) price target on shares of Crest Nicholson in a report on Wednesday, March 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Crest Nicholson currently has a consensus rating of "Hold" and an average target price of GBX 216.40 ($2.73).

Crest Nicholson Price Performance

The company has a debt-to-equity ratio of 12.16, a current ratio of 3.33 and a quick ratio of 0.72. The stock has a market capitalization of £496.37 million, a price-to-earnings ratio of 2,760.00, a PEG ratio of 0.51 and a beta of 1.96. The stock's 50 day simple moving average is GBX 210.91 and its 200-day simple moving average is GBX 195.88.

Crest Nicholson Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Thursday, March 21st will be paid a GBX 11.50 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, March 21st. This is a boost from Crest Nicholson's previous dividend of $5.50. This represents a yield of 5.62%. Crest Nicholson's payout ratio is 24,285.71%.

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.