Christie Group (LON:CTG) Stock Passes Below 50 Day Moving Average – What’s Next?

Christie Group plc (LON:CTG) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 139.87 and traded as low as GBX 138. Christie Group shares last traded at GBX 142.95, with a volume of 81,977 shares.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of Christie Group in a research note on Monday, April 27th.

Christie Group Price Performance

The company has a debt-to-equity ratio of 525.76, a current ratio of 0.84 and a quick ratio of 1.14. The firm has a market capitalization of £37.14 million, a price-to-earnings ratio of 28.64 and a beta of 0.67. The business’s fifty day simple moving average is GBX 139.87 and its 200 day simple moving average is GBX 131.17.

Christie Group (LON:CTG) last posted its quarterly earnings results on Monday, April 27th. The company reported GBX 19.37 EPS for the quarter. The business had revenue of GBX 7,060 million during the quarter. Christie Group had a negative net margin of 4.87% and a negative return on equity of 80.44%. On average, research analysts forecast that Christie Group plc will post 1500.0000655 EPS for the current year.

Insider Buying and Selling

In related news, insider Dan Prickett purchased 8,791 shares of Christie Group stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of GBX 150 per share, for a total transaction of £13,186.50. Insiders own 61.37% of the company’s stock.

About Christie Group

Christie Group plc, together with its subsidiaries, provides professional services for the hospitality, leisure, healthcare, medical, childcare, education, and retail sectors in Europe and internationally. It operates in three segments: Professional & Financial Services; Stock & Inventory Systems & Services; and Other. The company engages in valuing, buying, selling, developing, financing, and insuring various businesses; provision of appraisal and project management services, as well as professional agency, consultancy and valuation, and insurance services under the Christie & Co, Christie Finance, Christie Insurance, and Pinders brands.