Capital & Regional (LON:CAL) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Capital & Regional Plc (LON:CAL)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 61.44 ($0.80) and traded as high as GBX 64 ($0.83). Capital & Regional shares last traded at GBX 63.20 ($0.82), with a volume of 14,800 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank boosted their price target on shares of Capital & Regional from GBX 65 ($0.84) to GBX 75 ($0.97) and gave the stock a “buy” rating in a report on Monday, August 5th.

Capital & Regional Price Performance

The firm has a market capitalization of £146.06 million, a PE ratio of 3,330.00, a price-to-earnings-growth ratio of 1.40 and a beta of 1.73. The company has a debt-to-equity ratio of 110.84, a quick ratio of 1.58 and a current ratio of 1.68. The business’s 50 day moving average is GBX 64.87 and its two-hundred day moving average is GBX 61.58.

About Capital & Regional

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.