Christie Group (LON:CTG) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Christie Group plc (LON:CTG) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 140.84 and traded as high as GBX 152.50. Christie Group shares last traded at GBX 147, with a volume of 68,058 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Christie Group in a research report on Tuesday, June 16th.

Christie Group Trading Down 0.3%

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 stock’s 50 day moving average is GBX 140.93 and its 200-day moving average is GBX 137.50. The company has a market capitalization of £37.29 million, a P/E ratio of 28.75 and a beta of 0.67.

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

Insider Buying and Selling

In other news, insider Dan Prickett purchased 8,791 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of GBX 150 per share, for a total transaction of £13,186.50. Company insiders own 61.37% of the company’s stock.

Christie Group Company Profile

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.