Caledonian Trust (LON:CNN) Shares Down 8.7% – Time to Sell?

Caledonian Trust PLC (LON:CNNGet Free Report) was down 8.7% during mid-day trading on Wednesday . The stock traded as low as GBX 121 ($1.58) and last traded at GBX 121 ($1.58). Approximately 708 shares traded hands during trading, a decline of 84% from the average daily volume of 4,379 shares. The stock had previously closed at GBX 132.50 ($1.73).

Caledonian Trust Stock Performance

The stock’s 50-day moving average is GBX 133.02 and its 200 day moving average is GBX 126.76. The stock has a market cap of £14.25 million, a price-to-earnings ratio of 2,083.33 and a beta of -0.01. The company has a debt-to-equity ratio of 17.07, a current ratio of 15.53 and a quick ratio of 2.26.

About Caledonian Trust

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Caledonian Trust PLC engages in the property investment and development business primarily in the United Kingdom. The company was formerly known as Towngrade Securities plc and changed its name to Caledonian Trust PLC in June 1988. Caledonian Trust PLC was incorporated in 1972 and is headquartered in Edinburgh, the United Kingdom.

Further Reading

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