Caledonia Investments (LON:CLDN) Share Price Passes Above 50 Day Moving Average – What’s Next?

Shares of Caledonia Investments Plc (LON:CLDNGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 356.98 and traded as high as GBX 359.95. Caledonia Investments shares last traded at GBX 353, with a volume of 402,857 shares.

Caledonia Investments Stock Performance

The business has a 50 day moving average of GBX 356.98 and a two-hundred day moving average of GBX 360.13. The firm has a market capitalization of £1.81 billion, a price-to-earnings ratio of 13.84 and a beta of 1.28.

Caledonia Investments (LON:CLDNGet Free Report) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 7.70 earnings per share for the quarter. Caledonia Investments had a return on equity of 4.51% and a net margin of 81.74%.The business had revenue of GBX 6,470 million for the quarter.

Insiders Place Their Bets

In related news, insider Mathew Masters sold 44,761 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of GBX 360, for a total transaction of £161,139.60. Over the last 90 days, insiders purchased 164 shares of company stock worth $59,532. 3.35% of the stock is currently owned by corporate insiders.

Caledonia Investments Company Profile

(Get Free Report)

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.

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