Castelnau Group (LON:CGL) Shares Cross Above 200 Day Moving Average – Here’s Why

Castelnau Group Limited (LON:CGLGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 79.95 and traded as high as GBX 93. Castelnau Group shares last traded at GBX 93, with a volume of 34,935 shares trading hands.

Castelnau Group Stock Performance

The company has a quick ratio of 40.25, a current ratio of 0.16 and a debt-to-equity ratio of 18.26. The firm has a market capitalization of £310.16 million, a P/E ratio of 50.54 and a beta of 0.19. The company’s 50 day moving average is GBX 80.11 and its 200-day moving average is GBX 79.95.

Insider Buying and Selling at Castelnau Group

In related news, insider Richard Brown acquired 17,656 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were bought at an average price of GBX 86 per share, with a total value of £15,184.16. Corporate insiders own 0.05% of the company’s stock.

Castelnau Group Company Profile

(Get Free Report)

Castelnau Group was formed by Phoenix Asset Management Partners Limited in 2020. The listed structure creates a permanent capital vehicle with which to make long-term investments and acquisitions of all structures and sizes.

The business of Castelnau Group is capital allocation. This means that Castelnau Group sits at the centre of the holdings and helps to divert resources towards the most valuable opportunities.

Further Reading

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