Capital Gearing (LON:CGT) Announces Quarterly Earnings Results

Capital Gearing (LON:CGT - Get Free Report) issued its quarterly earnings data on Thursday. The company reported GBX 107.54 ($1.45) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

Capital Gearing Stock Performance

CGT stock traded up GBX 5 ($0.07) during midday trading on Friday, reaching GBX 4,815 ($64.79). 19,790 shares of the company traded hands, compared to its average volume of 46,510. Capital Gearing has a 52-week low of GBX 4,620 ($62.16) and a 52-week high of GBX 4,890 ($65.80). The business has a 50 day moving average of GBX 4,793.64 and a 200-day moving average of GBX 4,798.16. The firm has a market capitalization of £895.47 million, a price-to-earnings ratio of 19.58 and a beta of 0.23.

Capital Gearing Company Profile

Capital Gearing Trust plc was admitted to the London Stock Exchange in 1973. Peter Spiller took over as the investment manager of the Company in 1982 and has held that position through to today. Since 1982 the Company has delivered amongst the best returns of any London listed investment trust, with notably few periods of negative performance Initially Capital Gearing Trust plc invested entirely into investment trust related equity securities.