Capital Gearing (LON:CGT) Hits New 1-Year High – Here’s Why

Shares of Capital Gearing (LON:CGTGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 528 and last traded at GBX 522.24, with a volume of 229309 shares trading hands. The stock had previously closed at GBX 523.70.

Capital Gearing Stock Down 0.3%

The firm has a 50 day moving average price of GBX 4,787.30 and a 200 day moving average price of GBX 4,941.10. The stock has a market capitalization of £81.70 million, a PE ratio of 1.92 and a beta of 0.44.

Capital Gearing (LON:CGTGet Free Report) last announced its quarterly earnings results on Thursday, June 4th. The company reported GBX 76.90 earnings per share (EPS) 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%.

About Capital Gearing

(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.

Further Reading

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