Crest Nicholson (LON:CRST) Hits New 1-Year Low – What’s Next?

Crest Nicholson Holdings plc (LON:CRST)’s stock price hit a new 52-week low during mid-day trading 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 trading hands. The stock had previously closed at GBX 150 ($1.89).

Analyst Upgrades and Downgrades

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 on the stock in a report on Tuesday, October 22nd.

Crest Nicholson Stock Performance

The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12. The business has a 50 day moving average price of GBX 181.38 and a two-hundred day moving average price of GBX 214.87. The stock has a market cap of £377.82 million, a P/E ratio of -1,474.00, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

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.