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

Shares of Capital Gearing (LON:CGTGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 5,000 and last traded at GBX 5,000, with a volume of 4074 shares traded. The stock had previously closed at GBX 4,930.

Capital Gearing Stock Performance

The firm has a 50-day moving average price of GBX 4,939.65 and a two-hundred day moving average price of GBX 4,883.49. The firm has a market cap of £801.99 million, a price-to-earnings ratio of 21.79 and a beta of 0.23.

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

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.

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