Crest Nicholson (LON:CRST) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 208.71 ($2.63) and traded as low as GBX 167.40 ($2.11). Crest Nicholson shares last traded at GBX 170 ($2.15), with a volume of 270,433 shares trading hands.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Crest Nicholson to a "neutral" rating and increased their price objective for the stock from GBX 180 ($2.27) to GBX 190 ($2.40) in a report on Thursday, December 5th. Berenberg Bank decreased their target price on shares of Crest Nicholson from GBX 280 ($3.53) to GBX 215 ($2.71) and set a "hold" rating for the company in a research report on Tuesday, October 22nd.

Crest Nicholson Stock Performance

The company's 50 day simple moving average is GBX 170.65 and its 200 day simple moving average is GBX 208.71. The stock has a market cap of £435.23 million, a price-to-earnings ratio of -1,698.00, a PEG ratio of 0.51 and a beta of 2.00. The company has a debt-to-equity ratio of 13.12, a quick ratio of 0.72 and a current ratio of 3.13.

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.