Crest Nicholson (LON:CRST) Issues Earnings Results

Crest Nicholson (LON:CRST) posted its quarterly earnings results on Tuesday. The company reported GBX 5.60 ($0.07) earnings per share for the quarter, Digital Look Earnings reports. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.17%.

Crest Nicholson Trading Up 0.6 %

LON CRST opened at GBX 175 ($2.19) on Thursday. The stock’s fifty day moving average price is GBX 169.60 and its 200-day moving average price is GBX 188.93. The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. The stock has a market cap of £448.56 million, a P/E ratio of -1,750.00, a P/E/G ratio of 0.51 and a beta of 2.00. Crest Nicholson has a 12 month low of GBX 145.20 ($1.82) and a 12 month high of GBX 272.40 ($3.41).

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. raised Crest Nicholson to a “neutral” rating and increased their price objective for the company from GBX 180 ($2.25) to GBX 190 ($2.38) in a research note on Thursday, December 5th. Berenberg Bank lowered their target price on Crest Nicholson from GBX 280 ($3.50) to GBX 215 ($2.69) and set a “hold” rating for the company in a research note on Tuesday, October 22nd.

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.