Caledonia Investments (LON:CLDN) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Caledonia Investments Plc (LON:CLDN) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3,671.46 ($46.56) and traded as high as GBX 3,845 ($48.76). Caledonia Investments shares last traded at GBX 3,820 ($48.45), with a volume of 61,700 shares traded.

Caledonia Investments Price Performance

The company’s 50-day simple moving average is GBX 3,671.46 and its 200-day simple moving average is GBX 3,518.83. The stock has a market capitalization of £2.05 billion, a price-to-earnings ratio of 10.26 and a beta of 0.77.

Caledonia Investments (LON:CLDN) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 40.50 ($0.51) earnings per share (EPS) for the quarter. Caledonia Investments had a net margin of 86.28% and a return on equity of 6.98%.

Insiders Place Their Bets

In related news, insider William Wyatt acquired 135 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was purchased at an average cost of GBX 3,800 ($48.19) per share, for a total transaction of £5,130 ($6,506.02). Company insiders own 40.16% of the company’s stock.

Caledonia Investments Company Profile

Caledonia is a FTSE 250 self-managed investment trust company with a long track record of delivering consistent returns and progressive annual dividend payments to shareholders.

Our aim is to generate long-term compounding real returns that outperform inflation by 3%-6% over the medium to long term, and the FTSE All-Share index over 10 years.

We are a long-term investor and hold investments in both listed and private markets across three pools: Public Companies, Private Capital and Funds.