Capital Gearing (LON:CGT) Hits New 52-Week High – Here’s Why

Capital Gearing (LON:CGTGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as GBX 5,030 and last traded at GBX 5,002.81, with a volume of 37426 shares changing hands. The stock had previously closed at GBX 5,010.

Capital Gearing Price Performance

The company’s 50-day moving average price is GBX 4,953.92 and its 200-day moving average price is GBX 4,915.59. The company has a market cap of £798.70 million, a P/E ratio of 22.00 and a beta of 0.23.

Capital Gearing (LON:CGTGet Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX 41.51 earnings per share (EPS) for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

About Capital Gearing

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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.

Further Reading

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