Capital Gearing (LON:CGT) Reaches New 12-Month High – Still a Buy?

Shares of Capital Gearing (LON:CGTGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 529 and last traded at GBX 524.04, with a volume of 1041201 shares trading hands. The stock had previously closed at GBX 523.

Capital Gearing Stock Up 0.2%

The firm’s fifty day simple moving average is GBX 4,327.92 and its 200-day simple moving average is GBX 4,784.73. The firm has a market capitalization of £81.98 million, a PE ratio of 1.93 and a beta of 0.44.

Capital Gearing (LON:CGTGet Free Report) last issued its earnings results on Thursday, June 4th. The company reported GBX 76.90 earnings per share for the quarter. The business had revenue of GBX 1,768 million during the quarter. Capital Gearing had a return on equity of 5.59% and a net margin of 130.53%.

Capital Gearing Company Profile

(Get Free Report)

Capital Gearing Trust plc was admitted to the London Stock Exchange in 1973. Peter Spiller became investment manager in 1982 and is now the longest-serving fund manager in the UK. Since his appointment, the Trust has delivered one of the strongest long-term records in the sector, with only two down years in its entire history. This consistency reflects a disciplined focus on the preservation and growth of shareholders’ real wealth across multiple market cycles.

The Trust’s strategy has evolved over time.

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