Crest Nicholson (LON:CRST) Hits New 52-Week Low – What’s Next?

Shares of Crest Nicholson Holdings plc (LON:CRST) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 140.10 ($1.79) and last traded at GBX 142.50 ($1.82), with a volume of 725776 shares trading hands. The stock had previously closed at GBX 149.40 ($1.91).

Crest Nicholson Stock Performance

The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72. The company has a market capitalization of £365.48 million, a P/E ratio of -13.72, a PEG ratio of 0.51 and a beta of 2.00. The company has a fifty day moving average price of GBX 161.13 and a two-hundred day moving average price of GBX 168.06.

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

Crest Nicholson Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 27th will be given a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, March 27th. This is a positive change from Crest Nicholson’s previous dividend of $1.00. This represents a dividend yield of 0.78%. Crest Nicholson’s dividend payout ratio (DPR) is -125.16%.

Insider Buying and Selling at Crest Nicholson

In other Crest Nicholson news, insider William Floydd purchased 11,024 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was acquired at an average price of GBX 157 ($2.01) per share, for a total transaction of £17,307.68 ($22,115.61). Insiders own 9.46% of the company’s stock.

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.