Caledonia Investments (LON:CLDN) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Caledonia Investments Plc (LON:CLDN) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 378.99 and traded as high as GBX 386.50. Caledonia Investments shares last traded at GBX 384, with a volume of 193,008 shares.

Caledonia Investments Price Performance

The stock’s 50 day simple moving average is GBX 378.99 and its two-hundred day simple moving average is GBX 1,857.37. The firm has a market cap of £1.97 billion, a P/E ratio of 31.12 and a beta of 0.77.

Insiders Place Their Bets

In other Caledonia Investments news, insider William Wyatt sold 92,050 shares of Caledonia Investments stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of GBX 377, for a total transaction of £347,028.50. Over the last three months, insiders purchased 6,660 shares of company stock worth $2,517,280. 3.27% of the stock is owned by company insiders.

About Caledonia Investments

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.