Christie Group (LON:CTG) Shares Cross Below Fifty Day Moving Average – Here’s Why

Christie Group plc (LON:CTG) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-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.

Analyst Upgrades and Downgrades

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

Christie Group Stock Performance

The company has a fifty day moving average price of GBX 140.88 and a two-hundred day moving average price of GBX 133.64. The company has a debt-to-equity ratio of 525.76, a current ratio of 0.84 and a quick ratio of 1.14. 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 issued its quarterly earnings data on Monday, April 27th. The company reported GBX 19.37 earnings per share for the quarter. The company 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 analysts forecast that Christie Group plc will post 1500.0000655 earnings per share for the current fiscal year.

Insider Activity

In other Christie Group news, insider Dan Prickett bought 8,791 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost of GBX 150 per share, with a total value of £13,186.50. 61.37% of the stock is owned by corporate 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.