Caledonia Investments (LON:CLDN) Shares Pass Above 50-Day Moving Average – Here’s Why

Caledonia Investments Plc (LON:CLDN) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 365.62 and traded as high as GBX 381. Caledonia Investments shares last traded at GBX 377.28, with a volume of 556,328 shares changing hands.

Caledonia Investments Stock Down 0.4%

The firm has a 50-day moving average of GBX 365.62 and a two-hundred day moving average of GBX 357.52. The company has a market capitalization of £1.94 billion, a PE ratio of 14.84 and a beta of 1.28.

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

Insider Activity

In related news, insider Mathew Masters sold 44,761 shares of the firm’s stock in a transaction dated 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 three months, insiders bought 250 shares of company stock worth $90,062. 4.54% of the stock is currently 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. 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.