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

Shares of Christie Group plc (LON:CTG) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 traded.

Wall Street Analysts Forecast Growth

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

Christie Group Price Performance

The company has a market capitalization of £37.11 million, a P/E ratio of 28.62 and a beta of 0.67. The business’s 50-day simple moving average is GBX 140.84 and its 200 day simple moving average is GBX 137.28. The company has a current ratio of 0.84, a quick ratio of 1.14 and a debt-to-equity ratio of 525.76.

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

Insider Buying and Selling

In other news, insider Dan Prickett bought 8,791 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was purchased at an average cost of GBX 150 per share, for a total transaction of £13,186.50. 61.37% of the stock is currently owned by insiders.

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.