Capital Gearing (LON:CGT) Reaches New 12-Month High – Here’s Why

Capital Gearing (LON:CGTGet Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 5,020 and last traded at GBX 4,980, with a volume of 46887 shares traded. The stock had previously closed at GBX 4,980.

Capital Gearing Stock Performance

The stock has a 50 day simple moving average of GBX 4,950.81 and a 200 day simple moving average of GBX 4,910.91. The stock has a market cap of £795.06 million, a P/E ratio of 21.90 and a beta of 0.23.

Capital Gearing (LON:CGTGet Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The company reported GBX 41.51 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.

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