Cairn Homes (LON:CRN) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Cairn Homes plc (LON:CRNGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 186.70 ($2.35) and traded as high as GBX 192 ($2.42). Cairn Homes shares last traded at GBX 188.80 ($2.38), with a volume of 675,661 shares traded.

Cairn Homes Price Performance

The firm has a 50-day moving average price of GBX 186.70 and a 200-day moving average price of GBX 174.24. The company has a debt-to-equity ratio of 39.97, a quick ratio of 0.22 and a current ratio of 9.29. The stock has a market cap of £1.40 billion, a P/E ratio of 13.21 and a beta of 1.12.

Cairn Homes Company Profile

(Get Free Report)

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.

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