Cairn Homes (LON:CRN) Shares Cross Below 50 Day Moving Average – Time to Sell?

Cairn Homes plc (LON:CRNGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 179.84 ($2.33) and traded as low as GBX 170.80 ($2.21). Cairn Homes shares last traded at GBX 171.40 ($2.22), with a volume of 13,639,123 shares.

Cairn Homes Stock Performance

The company has a quick ratio of 0.22, a current ratio of 9.29 and a debt-to-equity ratio of 39.97. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 12.33 and a beta of 1.12. The company has a 50 day simple moving average of GBX 179.33 and a 200 day simple moving average of GBX 177.23.

Cairn Homes Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 24th will be paid a dividend of €0.04 ($0.05) per share. This is an increase from Cairn Homes’s previous dividend of $0.04. The ex-dividend date is Thursday, April 24th. This represents a yield of 2.16%. Cairn Homes’s payout ratio is presently 41.97%.

About Cairn Homes

(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.

Featured Stories

Receive News & Ratings for Cairn Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cairn Homes and related companies with MarketBeat.com's FREE daily email newsletter.