Crest Nicholson (LON:CRST) Reaches New 12-Month Low - Here's What Happened

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 143.50 ($1.85) and last traded at GBX 147.80 ($1.91), with a volume of 698874 shares. The stock had previously closed at GBX 146.20 ($1.89).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised Crest Nicholson to a "neutral" rating and upped their price objective for the company from GBX 180 ($2.33) to GBX 190 ($2.46) in a research report on Thursday, December 5th.

Crest Nicholson Stock Performance

The firm's 50 day moving average is GBX 164.16 and its 200 day moving average is GBX 172.82. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. The stock has a market cap of £391.91 million, a P/E ratio of -14.71, 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 Tuesday, February 4th. The company reported GBX 5.60 ($0.07) earnings per share for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. Analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Insiders Place Their Bets

In related news, insider William Floydd purchased 11,024 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average price of GBX 157 ($2.03) per share, with a total value of £17,307.68 ($22,372.91). 9.46% of the stock is currently owned by insiders.

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.