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

Christie Group plc (LON:CTG)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 141.67 and traded as high as GBX 160. Christie Group shares last traded at GBX 155, with a volume of 20,974 shares traded.

Wall Street Analysts Forecast Growth

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

Christie Group Stock Performance

The firm’s 50-day moving average price is GBX 141.67 and its two-hundred day moving average price is GBX 138.56. The company has a quick ratio of 1.14, a current ratio of 0.84 and a debt-to-equity ratio of 525.76. The firm has a market capitalization of £39.72 million, a PE ratio of 30.63 and a beta of 0.67.

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

About Christie Group

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.