Capital Gearing (LON:CGT) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Capital Gearing (LON:CGTGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 4,900.98 and traded as high as GBX 4,962. Capital Gearing shares last traded at GBX 4,960, with a volume of 33,423 shares changing hands.

Capital Gearing Price Performance

The company has a market cap of £806.28 million, a price-to-earnings ratio of 27.56 and a beta of 0.23. The company’s 50-day simple moving average is GBX 4,900.98 and its 200-day simple moving average is GBX 4,845.61.

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.

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