Capital Gearing (LON:CGT) Hits New 12-Month High – What’s Next?

Capital Gearing (LON:CGTGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 5,000 and last traded at GBX 4,948.10, with a volume of 2111 shares changing hands. The stock had previously closed at GBX 4,915.

Capital Gearing Trading Up 0.6%

The firm has a 50-day moving average of GBX 4,941.07 and a two-hundred day moving average of GBX 4,876.24. The firm has a market capitalization of £801.07 million, a P/E ratio of 21.74 and a beta of 0.23.

Capital Gearing (LON:CGTGet Free Report) last released its earnings results on Tuesday, November 18th. The company reported GBX 41.51 earnings per share (EPS) for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

Capital Gearing Company Profile

(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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