Caledonia Investments (LON:CLDN) Shares Pass Below 50-Day Moving Average – Should You Sell?

Caledonia Investments Plc (LON:CLDN) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 382.21 and traded as low as GBX 377. Caledonia Investments shares last traded at GBX 381, with a volume of 46,632 shares changing hands.

Caledonia Investments Stock Down 0.3%

The business’s 50-day moving average price is GBX 382.13 and its 200 day moving average price is GBX 1,037.81. The company has a market capitalization of £1.98 billion, a P/E ratio of 11.00 and a beta of 0.77.

Caledonia Investments (LON:CLDN) last posted its earnings results on Tuesday, November 25th. The company reported GBX 7.30 earnings per share for the quarter. Caledonia Investments had a net margin of 86.28% and a return on equity of 6.98%.

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.