Caledonian Trust (LON:CNN) Trading Up 259.1% – Time to Buy?

Caledonian Trust PLC (LON:CNNGet Free Report) shares rose 259.1% during trading on Friday . The stock traded as high as GBX 65 ($0.82) and last traded at GBX 65 ($0.82). Approximately 21,675 shares traded hands during trading, an increase of 267% from the average daily volume of 5,900 shares. The stock had previously closed at GBX 18.10 ($0.23).

Caledonian Trust Stock Up 259.1 %

The company has a current ratio of 15.53, a quick ratio of 2.26 and a debt-to-equity ratio of 17.07. The firm has a 50 day simple moving average of GBX 83.24 and a two-hundred day simple moving average of GBX 111.72. The company has a market capitalization of £7.66 million, a PE ratio of 2,083.33 and a beta of -0.01.

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.

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