Capital Gearing (LON:CGT) Sets New 1-Year High - Should You Buy?

Key Points

• Capital Gearing's stock achieved a new 52-week high on Wednesday, trading at GBX 4,930 ($65.92) with a volume of 22,857 shares exchanged.
• The company has a market capitalization of £810.63 million and a P/E ratio of 27.38, indicating its performance in the market.
• Peter Spiller, the longest-serving fund manager in the UK, has led Capital Gearing since 1982, contributing to its strong long-term performance with only two down years in its history.

Capital Gearing (LON:CGT - )'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 4,930 ($65.92) and last traded at GBX 4,919.50 ($65.78), with a volume of 22857 shares traded. The stock had previously closed at GBX 4,915 ($65.72).

Capital Gearing Trading Up 0.2%

The business's fifty day moving average price is GBX 4,867.88 and its 200 day moving average price is GBX 4,824.39. The company has a market capitalization of £810.63 million, a P/E ratio of 27.38 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 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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