Caledonia Investments (LON:CLDN) Shares Pass Below 200 Day Moving Average - Here's Why

Key Points

• Caledonia Investments plc shares fell below their 200-day moving average, trading as low as GBX 381.50 ($5.11), significantly lower than the average of GBX 2,443.24 ($32.75).
• Insider William Wyatt sold 92,050 shares at an average price of GBX 377, while insiders purchased 7,079 shares valued at approximately $4 million over the last 90 days.
• Caledonia Investments, a FTSE 250 self-managed investment trust, aims to generate long-term compounding returns that outperform inflation by 3%-6% and the FTSE All-Share index over a decade.

Caledonia Investments Plc (LON:CLDN - ) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,443.24 ($32.75) and traded as low as GBX 381.50 ($5.11). Caledonia Investments shares last traded at GBX 382 ($5.12), with a volume of 322,127 shares.

Caledonia Investments Stock Performance

The firm has a market capitalization of £1.99 billion, a PE ratio of 3,128.77 and a beta of 0.77. The company's 50 day simple moving average is GBX 374.59 and its 200-day simple moving average is GBX 2,443.24.

Insider Transactions at Caledonia Investments

In other news, insider William Wyatt sold 92,050 shares of the firm's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of GBX 377, for a total transaction of £347,028.50. In the last 90 days, insiders have purchased 7,079 shares of company stock valued at $4,021,307. Corporate insiders own 4.54% of the company's stock.

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.

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