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

Christie Group plc (LON:CTG) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 140.88 and traded as low as GBX 135. Christie Group shares last traded at GBX 140, with a volume of 9,737 shares trading hands.

Analyst Upgrades and Downgrades

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

Christie Group Trading Up 1.8%

The business has a fifty day moving average of GBX 140.88 and a 200-day moving average of GBX 133.64. The company has a debt-to-equity ratio of 525.76, a quick ratio of 1.14 and a current ratio of 0.84. The company has a market capitalization of £35.88 million, a P/E ratio of 27.67 and a beta of 0.67.

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

Insider Transactions at Christie Group

In related news, insider Dan Prickett acquired 8,791 shares of the stock in a transaction dated Thursday, April 30th. The stock was purchased at an average cost of GBX 150 per share, with a total value 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.