Shares of Castelnau Group Limited (LON:CGL – Get Free Report) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 89.45 and traded as high as GBX 90.75. Castelnau Group shares last traded at GBX 90.75, with a volume of 10,000 shares.
Castelnau Group Stock Down 3.2%
The stock has a market cap of £300.16 million, a price-to-earnings ratio of 7.77 and a beta of 0.17. The business has a fifty day moving average of GBX 89.55 and a 200 day moving average of GBX 89.46. The company has a debt-to-equity ratio of 21.75, a current ratio of 0.02 and a quick ratio of 40.25.
About Castelnau Group
Castelnau Group was formed by Phoenix Asset Management Partners Limited in 2020. The listed structure creates a permanent capital vehicle with which to make long-term investments and acquisitions of all structures and sizes.
The business of Castelnau Group is capital allocation. This means that Castelnau Group sits at the centre of the holdings and helps to divert resources towards the most valuable opportunities. Conversely, it is also Castelnau’s responsibility to restrict investment into areas that don’t make sense.
This includes making investments externally and moving resources around between holdings.
Featured Articles
- Five stocks we like better than Castelnau Group
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Castelnau Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Castelnau Group and related companies with MarketBeat.com's FREE daily email newsletter.
