Crest Nicholson (LON:CRST) Sets New 1-Year Low – Should You Sell?

Crest Nicholson Holdings plc (LON:CRST)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 146.10 ($1.84) and last traded at GBX 147.40 ($1.86), with a volume of 2662072 shares traded. The stock had previously closed at GBX 150 ($1.89).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price target 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 Down 1.7 %

The firm has a market capitalization of £377.82 million, a P/E ratio of -1,474.00, a P/E/G ratio of 0.51 and a beta of 2.00. The company has a fifty day simple moving average of GBX 181.38 and a 200 day simple moving average of GBX 214.87. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12.

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.