Castelnau Group (LON:CGL) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Castelnau Group Limited (LON:CGL) shares 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 changing hands.

Castelnau Group Stock Performance

The stock has a fifty day simple moving average of GBX 80.11 and a two-hundred day simple moving average of GBX 79.95. The company has a debt-to-equity ratio of 18.26, a quick ratio of 40.25 and a current ratio of 0.16. The stock has a market capitalization of £310.16 million, a price-to-earnings ratio of 50.54 and a beta of 0.19.

Insider Activity at Castelnau Group

In other Castelnau Group news, insider Richard Brown bought 17,656 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average price of GBX 86 per share, with a total value of £15,184.16. 0.05% of the stock is currently owned by insiders.

Castelnau Group Company Profile

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.