Capital Gearing (LON:CGT) Releases Quarterly Earnings Results

Capital Gearing (LON:CGT) posted its quarterly earnings data on Thursday. The company reported GBX 76.90 earnings per share for the quarter, Digital Look Earnings reports. Capital Gearing had a net margin of 89.48% and a return on equity of 4.71%. The company had revenue of GBX 1,768 million during the quarter.

Capital Gearing Stock Down 0.2%

CGT opened at GBX 5,170 on Thursday. Capital Gearing has a twelve month low of GBX 4,685 and a twelve month high of GBX 5,220. The company has a fifty day moving average of GBX 5,075.37 and a 200-day moving average of GBX 5,010.11. The stock has a market cap of £811.02 million, a PE ratio of 22.73 and a beta of 0.44.

Insider Buying and Selling at Capital Gearing

In other news, insider Karl Sternberg acquired 982 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was bought at an average cost of GBX 5,095 per share, for a total transaction of £50,032.90. 1.38% of the stock is currently owned by company insiders.

About Capital Gearing

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.