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

Christie Group plc (LON:CTG)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 133.08 and traded as high as GBX 150. Christie Group shares last traded at GBX 149.25, with a volume of 5,498 shares.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “house stock” rating on shares of Christie Group in a report on Monday, January 19th.

Christie Group Price Performance

The company has a market cap of £34.60 million, a price-to-earnings ratio of 9.74 and a beta of 0.67. The company’s 50-day simple moving average is GBX 133.08 and its 200-day simple moving average is GBX 116.50. The company has a debt-to-equity ratio of 525.76, a current ratio of 0.84 and a quick ratio of 1.14.

Insiders Place Their Bets

In other news, insider Paul Harding acquired 18,268 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was bought at an average cost of GBX 67 per share, with a total value of £12,239.56. Insiders own 61.27% 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.