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

Caledonia Investments Plc (LON:CLDN - Get Free Report)'s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3,671.46 ($46.28) and traded as high as GBX 3,845 ($48.47). Caledonia Investments shares last traded at GBX 3,820 ($48.15), with a volume of 61,700 shares changing hands.

Caledonia Investments Trading Up 1.2 %

The firm has a 50 day moving average price of GBX 3,685.56 and a 200-day moving average price of GBX 3,523.60. The firm has a market cap of £2.08 billion, a price-to-earnings ratio of 10.43 and a beta of 0.77.

Insider Buying and Selling

In other news, insider William Wyatt bought 135 shares of Caledonia Investments stock in a transaction on Thursday, February 6th. The shares were bought at an average cost of GBX 3,800 ($47.90) per share, for a total transaction of £5,130 ($6,466.66). 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.