Crest Nicholson (LON:CRST) Stock Passes Above 50-Day Moving Average - Should You Sell?

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 166.68 ($2.09) and traded as high as GBX 169.70 ($2.12). Crest Nicholson shares last traded at GBX 166.10 ($2.08), with a volume of 120,277 shares traded.

Analyst Ratings Changes

Several analysts have weighed in on the company. Berenberg Bank dropped their price target on Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a "hold" rating on the stock in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. upgraded Crest Nicholson to a "neutral" rating and upped their target price for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a research report on Thursday, December 5th.

Crest Nicholson Stock Performance

The firm's fifty day simple moving average is GBX 166.39 and its 200 day simple moving average is GBX 202.14. The company has a market capitalization of £432.92 million, a PE ratio of -1,689.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. The company has a debt-to-equity ratio of 13.12, a current ratio of 3.13 and a quick ratio of 0.72.

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.