Capital Gearing (LON:CGT) Sets New 12-Month High – Should You Buy?
by Tristan Rich · The Markets DailyCapital Gearing (LON:CGT – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 5,010 and last traded at GBX 4,965, with a volume of 941 shares trading hands. The stock had previously closed at GBX 4,970.
Capital Gearing Price Performance
The firm has a market capitalization of £806.14 million, a price-to-earnings ratio of 21.91 and a beta of 0.23. The business’s fifty day simple moving average is GBX 4,940.92 and its 200 day simple moving average is GBX 4,888.77.
Capital Gearing (LON:CGT – Get Free Report) last announced its quarterly earnings data on Tuesday, November 18th. The company reported GBX 41.51 earnings per share for the quarter. Capital Gearing had a net margin of 255.48% and a return on equity of 5.25%.
About Capital Gearing
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.