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

Caledonia Investments Plc (LON:CLDN)’s stock price passed 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 trading hands.

Caledonia Investments Stock Performance

The company has a market capitalization of £1.81 billion, a price-to-earnings ratio of 13.84 and a beta of 1.28. The business has a 50 day moving average price of GBX 356.98 and a 200-day moving average price of GBX 360.13.

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

Insider Activity

In other news, insider Mathew Masters sold 44,761 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of GBX 360, for a total value of £161,139.60. Over the last 90 days, insiders bought 164 shares of company stock valued at $59,532. 3.35% of the stock is owned by 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.