Caledonia Investments (LON:CLDN) Stock Crosses Above 50 Day Moving Average - Should You Sell?

Caledonia Investments Plc (LON:CLDN - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 3,691.67 ($50.10) and traded as high as GBX 3,815 ($51.77). Caledonia Investments shares last traded at GBX 3,790 ($51.43), with a volume of 11,275 shares changing hands.

Caledonia Investments Stock Down 1.2%

The stock has a fifty day moving average of GBX 3,705.17 and a 200-day moving average of GBX 3,673.81. The firm has a market capitalization of £2.01 billion, a P/E ratio of 10.06 and a beta of 0.77.

Caledonia Investments (LON:CLDN - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported GBX 57.50 ($0.78) earnings per share for the quarter. Caledonia Investments had a return on equity of 6.98% and a net margin of 86.28%.

Caledonia Investments Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 27th were issued a GBX 95.80 ($1.30) dividend. This is a positive change from Caledonia Investments's previous dividend of $19.69. This represents a yield of 4.33%. The ex-dividend date was Thursday, March 27th. Caledonia Investments's dividend payout ratio is currently 18.70%.

Insider Activity at Caledonia Investments

In related news, insider Mathew Masters sold 3,870 shares of the stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of GBX 3,780 ($51.30), for a total value of £146,286 ($198,515.40). 40.16% 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.