Capital & Regional (LON:CAL) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Capital & Regional Plc (LON:CAL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price objective on Capital & Regional from GBX 65 ($0.84) to GBX 75 ($0.97) and gave the company a “buy” rating in a research note on Monday, August 5th.

Capital & Regional Price Performance

The firm has a market cap of £146.06 million, a P/E ratio of 3,330.00, a price-to-earnings-growth ratio of 1.40 and a beta of 1.73. The business has a 50-day simple moving average of GBX 64.87 and a 200 day simple moving average of GBX 61.58. The company has a debt-to-equity ratio of 110.84, a quick ratio of 1.58 and a current ratio of 1.68.

Capital & Regional Company Profile

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.