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

Castelnau Group Limited (LON:CGL)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 94.58 ($1.19) and traded as low as GBX 94 ($1.18). Castelnau Group shares last traded at GBX 94.22 ($1.19), with a volume of 3,865 shares traded.

Castelnau Group Stock Up 0.2 %

The business’s 50-day moving average is GBX 94.45 and its two-hundred day moving average is GBX 94.58. The firm has a market capitalization of £300.92 million, a price-to-earnings ratio of -3,140.67 and a beta of 0.19. The company has a debt-to-equity ratio of 20.62, a quick ratio of 40.25 and a current ratio of 0.13.

Insider Buying and Selling at Castelnau Group

In other news, insider Joanne Peacegood acquired 21,344 shares of the stock in a transaction on Tuesday, November 5th. The stock was acquired at an average cost of GBX 94 ($1.18) per share, for a total transaction of £20,063.36 ($25,246.46). Insiders own 4.68% of the company’s stock.

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.