Caledonia Investments (LON:CLDN) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Caledonia Investments Plc (LON:CLDN) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 338.75 and traded as high as GBX 366.03. Caledonia Investments shares last traded at GBX 362.53, with a volume of 5,959,586 shares trading hands.

Caledonia Investments Stock Up 1.5%

The company’s 50-day simple moving average is GBX 338.75 and its 200 day simple moving average is GBX 365.17. The company has a market capitalization of £1.88 billion, a P/E ratio of 10.50 and a beta of 0.79.

Insiders Place Their Bets

In other news, insider Mathew Masters sold 64,500 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of GBX 364, for a total transaction of £234,780. Also, insider William Wyatt acquired 28,000 shares of the stock in a transaction dated Tuesday, February 10th. The shares were bought at an average cost of GBX 354 per share, for a total transaction of £99,120. Insiders purchased 28,080 shares of company stock valued at $9,941,920 over the last quarter. 4.54% of the stock is currently owned by corporate 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. Each has a strategic allocation of capital, investment strategy and target return.

We buy to hold, investing in high quality companies with strong market positions and fundamentals, alongside investments in private equity funds with track records of success.