Caledonia Investments (LON:CLDN) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Caledonia Investments Plc (LON:CLDN - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3,660.05 ($49.70) and traded as high as GBX 3,835 ($52.08). Caledonia Investments shares last traded at GBX 3,770 ($51.20), with a volume of 25,115 shares trading hands.

Caledonia Investments Trading Up 2.9%

The company has a market capitalization of £2.07 billion, a PE ratio of 10.35 and a beta of 0.77. The company's 50 day moving average price is GBX 3,664.55 and its 200-day moving average price is GBX 3,648.86.

Caledonia Investments (LON:CLDN - Get Free Report) last issued its earnings results 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 company also recently disclosed a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 27th were paid a GBX 95.80 ($1.30) dividend. This is a positive change from Caledonia Investments's previous dividend of $19.69. This represents a dividend yield of 4.33%. The ex-dividend date of this dividend was Thursday, March 27th. Caledonia Investments's payout ratio is currently 18.70%.

Insider Buying and Selling

In other news, insider Mathew Masters sold 516 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of GBX 3,880 ($52.69), for a total value of £20,020.80 ($27,187.40). Corporate insiders own 40.16% of the company's stock.

Caledonia Investments Company Profile

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.