Capital Gearing (LON:CGT) Sets New 1-Year High – What’s Next?

Capital Gearing (LON:CGT)’s share price reached a new 52-week high on Friday . The stock traded as high as GBX 5,260 and last traded at GBX 5,185.75, with a volume of 712 shares changing hands. The stock had previously closed at GBX 5,150.

Capital Gearing Trading Down 0.2%

The stock has a market cap of £804.10 million, a PE ratio of 18.92 and a beta of 0.44. The business has a fifty day simple moving average of GBX 5,130.29 and a two-hundred day simple moving average of GBX 5,048.50.

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

Insider Transactions at Capital Gearing

In other news, insider Karl Sternberg acquired 982 shares of the stock in a transaction on Friday, April 17th. The stock was acquired at an average price of GBX 5,095 per share, with a total value of £50,032.90. Company insiders own 2.41% of the company’s stock.

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.