Crest Nicholson (LON:CRST) Sets New 1-Year Low – Here’s What Happened

Shares of Crest Nicholson Holdings plc (LON:CRST) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 140.10 ($1.83) and last traded at GBX 142.50 ($1.87), with a volume of 725776 shares. The stock had previously closed at GBX 149.40 ($1.96).

Crest Nicholson Price Performance

The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. The stock’s 50-day moving average is GBX 159.04 and its two-hundred day moving average is GBX 167.39. The stock has a market cap of £384.21 million, a PE ratio of -14.42, a PEG ratio of 0.51 and a beta of 2.00.

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

Crest Nicholson Increases Dividend

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

Insider Activity

In related news, insider William Floydd acquired 11,024 shares of Crest Nicholson stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of GBX 157 ($2.05) per share, for a total transaction of £17,307.68 ($22,654.03). 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.