Capital & Regional (LON:CAL) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Capital & Regional Plc (LON:CAL) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 62.46 ($0.79) and traded as low as GBX 61.83 ($0.78). Capital & Regional shares last traded at GBX 63 ($0.79), with a volume of 19,951 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their price target on shares of Capital & Regional from GBX 65 ($0.82) to GBX 75 ($0.95) and gave the company a “buy” rating in a research note on Monday, August 5th.

Capital & Regional Stock Performance

The stock has a market cap of £146.53 million, a P/E ratio of 3,330.00, a PEG ratio of 1.40 and a beta of 1.73. The stock has a fifty day simple moving average of GBX 63.43 and a 200-day simple moving average of GBX 62.46. The company has a debt-to-equity ratio of 110.84, a quick ratio of 1.58 and a current ratio of 1.68.

About Capital & Regional

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.