Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases 255 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd acquired 255 shares of Crest Nicholson stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average price of GBX 59 per share, for a total transaction of £150.45.

William Floydd also recently made the following trade(s):

• On Monday, August 10th, William Floydd purchased 231 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 65 per share, for a total transaction of £150.15.
• On Friday, July 10th, William Floydd bought 228 shares of Crest Nicholson stock. The stock was acquired at an average price of GBX 66 per share, for a total transaction of £150.48.

Crest Nicholson Price Performance

Shares of CRST traded down GBX 0.80 during trading hours on Thursday, reaching GBX 58. 2,461,106 shares of the company’s stock traded hands, compared to its average volume of 4,791,642. Crest Nicholson Holdings plc has a 12 month low of GBX 53 and a 12 month high of GBX 176.20. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57. The stock has a market cap of £148.92 million, a PE ratio of 6.90, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. The firm’s 50 day simple moving average is GBX 65.20 and its 200-day simple moving average is GBX 82.88.

Crest Nicholson (LON:CRST) last announced its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Equities analysts expect that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Berenberg Bank lowered their price objective on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a report on Tuesday. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a research note on Thursday, September 3rd. JPMorgan Chase & Co. dropped their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research report on Tuesday, June 16th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 107 price objective on shares of Crest Nicholson in a research report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 102.86.

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.