Caledonia Investments (LON:CLDN) Stock Crosses Below 50 Day Moving Average - Here's Why

Caledonia Investments Plc (LON:CLDN - Get Free Report)'s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 3,733.21 ($50.75) and traded as low as GBX 3,575 ($48.60). Caledonia Investments shares last traded at GBX 3,575.29 ($48.60), with a volume of 39,456 shares traded.

Caledonia Investments Price Performance

The company has a market capitalization of £1.92 billion, a price-to-earnings ratio of 9.61 and a beta of 0.77. The business has a fifty day moving average price of GBX 3,733.21 and a 200 day moving average price of GBX 3,700.27.

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

Insider Transactions at Caledonia Investments

In related news, insider Mathew Masters sold 3,870 shares of Caledonia Investments stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of GBX 3,780 ($51.39), for a total value of £146,286 ($198,866.23). Also, insider Jamie M. B. Cayzer-Colvin sold 9,452 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of GBX 3,713 ($50.48), for a total value of £350,952.76 ($477,097.28). 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.