Crest Nicholson (LON:CRST) Reaches New 12-Month Low – What’s Next?

Crest Nicholson Holdings plc (LON:CRST)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 143.50 ($1.86) and last traded at GBX 147.80 ($1.92), with a volume of 698874 shares changing hands. The stock had previously closed at GBX 146.20 ($1.90).

Wall Street Analysts Forecast Growth

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

Crest Nicholson Price Performance

The stock has a market capitalization of £379.08 million, a P/E ratio of -14.23, a PEG ratio of 0.51 and a beta of 2.00. The company has a 50 day moving average of GBX 164.87 and a 200-day moving average of GBX 173.69. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94.

Crest Nicholson (LON:CRST) last announced its quarterly earnings results on Tuesday, February 4th. The company reported GBX 5.60 ($0.07) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. Sell-side analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Insider Buying and Selling at Crest Nicholson

In related news, insider William Floydd purchased 11,024 shares of the company’s stock in a transaction on Friday, February 28th. The shares were bought at an average cost of GBX 157 ($2.04) per share, for a total transaction of £17,307.68 ($22,445.44). 9.46% of the stock is owned by company insiders.

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.