Caledonia Investments (LON:CLDN) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Shares of Caledonia Investments Plc (LON:CLDN - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 3,696.51 ($49.36) and traded as high as GBX 3,800 ($50.74). Caledonia Investments shares last traded at GBX 3,685 ($49.21), with a volume of 9,752 shares.

Caledonia Investments Stock Performance

The company's 50 day moving average price is GBX 3,693.21 and its 200 day moving average price is GBX 3,591.66. The company has a market cap of £2.03 billion, a price-to-earnings ratio of 10.18 and a beta of 0.77.

Caledonia Investments Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 27th were given a GBX 95.80 ($1.28) dividend. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 4.33%. This is a boost from Caledonia Investments's previous dividend of $19.69. Caledonia Investments's payout ratio is currently 18.70%.

Insider Activity at Caledonia Investments

In other Caledonia Investments news, insider Mathew Masters sold 516 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 3,880 ($51.81), for a total transaction of £20,020.80 ($26,733.61). Also, insider William Wyatt acquired 135 shares of the company's stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of GBX 3,800 ($50.74) per share, for a total transaction of £5,130 ($6,850.05). 40.16% of the stock is 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.