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

Castelnau Group Limited (LON:CGL)’s share price passed 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.

Castelnau Group Stock Up 0.2 %

The stock’s 50-day moving average price is GBX 94.45 and its 200-day moving average price is GBX 94.58. The company has a current ratio of 0.13, a quick ratio of 40.25 and a debt-to-equity ratio of 20.62. The stock has a market cap of £300.92 million, a price-to-earnings ratio of -3,140.67 and a beta of 0.19.

Insider Activity at Castelnau Group

In other Castelnau Group news, insider Joanne Peacegood purchased 21,344 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were purchased at an average cost of GBX 94 ($1.18) per share, for a total transaction of £20,063.36 ($25,246.46). 4.68% of the stock is owned by company insiders.

About Castelnau Group

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.