Caledonia Investments (LON:CLDN) Shares Cross Above 50-Day Moving Average – Should You Sell?

Caledonia Investments Plc (LON:CLDN)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 3,696.51 ($49.11) and traded as high as GBX 3,800 ($50.48). Caledonia Investments shares last traded at GBX 3,685 ($48.96), with a volume of 9,752 shares traded.

Caledonia Investments Stock Performance

The firm has a market capitalization of £2.03 billion, a price-to-earnings ratio of 10.17 and a beta of 0.77. The firm’s 50-day moving average price is GBX 3,694.41 and its two-hundred day moving average price is GBX 3,580.41.

Caledonia Investments Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 27th were issued a dividend of GBX 95.80 ($1.27) per share. This represents a yield of 4.33%. This is an increase from Caledonia Investments’s previous dividend of $19.69. The ex-dividend date of this dividend was Thursday, March 27th. Caledonia Investments’s payout ratio is presently 18.70%.

Insider Activity

In other news, insider William Wyatt purchased 135 shares of Caledonia Investments stock in a transaction on Thursday, February 6th. The shares were purchased at an average cost of GBX 3,800 ($50.48) per share, for a total transaction of £5,130 ($6,815.46). Also, insider Mathew Masters sold 516 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 3,880 ($51.55), for a total transaction of £20,020.80 ($26,598.64). Corporate insiders own 40.16% 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.