Christie Group (LON:CTG) Stock Passes Above 50 Day Moving Average – Here’s Why

Christie Group plc (LON:CTG)’s stock price passed 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 Analyst Weigh In

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

Christie Group Trading Down 0.1%

The firm has a market cap of £37.11 million, a P/E ratio of 28.62 and a beta of 0.67. 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 firm has a fifty day moving average of GBX 140.84 and a 200-day moving average of GBX 137.28.

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 business 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%. Equities research analysts forecast that Christie Group plc will post 1500.0000655 earnings per share for the current year.

Insider Activity at Christie Group

In other news, insider Dan Prickett purchased 8,791 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were bought at an average price of GBX 150 per share, for a total transaction of £13,186.50. 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.