Capital Gearing (LON:CGT) Sets New 52-Week High – Here’s What Happened

Capital Gearing (LON:CGT)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 5,090 and last traded at GBX 5,090, with a volume of 13545 shares trading hands. The stock had previously closed at GBX 4,985.

Capital Gearing Stock Up 1.0%

The firm has a market capitalization of £797.67 million, a P/E ratio of 22.14 and a beta of 0.47. The company’s 50 day moving average is GBX 5,007.19 and its 200-day moving average is GBX 4,955.51.

Capital Gearing Company Profile

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.