Christie Group (LON:CTG) Shares Cross Below 50-Day Moving Average – What’s Next?

Christie Group plc (LON:CTG) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 104.35 ($1.29) and traded as low as GBX 103.72 ($1.28). Christie Group shares last traded at GBX 103.72 ($1.28), with a volume of 22,000 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Christie Group in a research report on Tuesday, November 5th.

Christie Group Stock Down 3.5 %

The business’s 50 day moving average price is GBX 104.35 and its 200 day moving average price is GBX 104.81. The firm has a market cap of £27.52 million, a PE ratio of -797.85 and a beta of 0.67. The company has a debt-to-equity ratio of 525.76, a current ratio of 0.84 and a quick ratio of 1.14.

Insider Transactions at Christie Group

In other Christie Group news, insider Simon Edward Herrick purchased 9,251 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were purchased at an average cost of GBX 108 ($1.33) per share, with a total value of £9,991.08 ($12,349.91). Corporate insiders own 83.42% 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.