Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases 106 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark bought 106 shares of the firm’s stock in a transaction dated Monday, January 12th. The stock was purchased at an average price of GBX 142 per share, for a total transaction of £150.52.

Martyn Clark also recently made the following trade(s):

• On Wednesday, December 10th, Martyn Clark purchased 113 shares of Crest Nicholson stock. The shares were purchased at an average price of GBX 132 per share, with a total value of £149.16.
• On Monday, November 10th, Martyn Clark acquired 91 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 124 per share, with a total value of £112.84.

Crest Nicholson Price Performance

CRST stock traded up GBX 0.70 during midday trading on Monday, reaching GBX 141.90. The stock had a trading volume of 530,431 shares, compared to its average volume of 1,868,089. Crest Nicholson Holdings plc has a 52-week low of GBX 125.71 and a 52-week high of GBX 198.50. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94. The company’s fifty day simple moving average is GBX 143.05 and its 200 day simple moving average is GBX 161.26. The company has a market cap of £363.77 million, a price-to-earnings ratio of -4.94, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CRST. Berenberg Bank lowered their price target on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a research report on Tuesday, November 18th. Jefferies Financial Group decreased their target price on shares of Crest Nicholson from GBX 254 to GBX 251 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. JPMorgan Chase & Co. dropped their price target on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 190 price objective on shares of Crest Nicholson in a research report on Tuesday, November 18th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 195.25.

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.