Castelnau Group (LON:CGL) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Castelnau Group Limited (LON:CGL)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 79.19 and traded as high as GBX 80. Castelnau Group shares last traded at GBX 80, with a volume of 186,226 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’s 50-day simple moving average is GBX 77.52 and its 200 day simple moving average is GBX 79.19. The stock has a market capitalization of £261.80 million, a P/E ratio of 42.66 and a beta of 0.19.

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.