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

Key Points

• Caledonia Investments Plc (LON:CLDN) shares fell below their 50-day moving average of GBX 376.54, trading as low as GBX 372.56 recently.
• The company has a market capitalization of £1.98 billion and a significantly high PE ratio of 3,116.24.
• Insider William Wyatt sold 92,050 shares at an average price of GBX 377, while company insiders collectively own 4.54% of the stock.

Caledonia Investments Plc (LON:CLDN - ) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 376.54 ($5.06) and traded as low as GBX 372.56 ($5.00). Caledonia Investments shares last traded at GBX 378 ($5.08), with a volume of 384,011 shares traded.

Caledonia Investments Price Performance

The firm has a market capitalization of £1.98 billion, a PE ratio of 3,116.24 and a beta of 0.77. The business has a 50-day simple moving average of GBX 376.54 and a 200-day simple moving average of GBX 2,284.05.

Insiders Place Their Bets

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

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