Capital Gearing (LON:CGT - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 4,805.97 ($64.63) and traded as high as GBX 4,870 ($65.49). Capital Gearing shares last traded at GBX 4,870 ($65.49), with a volume of 13,878 shares.
Capital Gearing Stock Performance
The company has a market capitalization of £903.18 million, a P/E ratio of 19.74 and a beta of 0.23. The company has a 50-day simple moving average of GBX 4,805.97 and a 200 day simple moving average of GBX 4,808.69.
Capital Gearing (LON:CGT - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported GBX 107.54 ($1.45) EPS for the quarter. Capital Gearing had a net margin of 255.48% and a return on equity of 5.25%.
Insider Activity
In other news, insider Theodora Zemek purchased 414 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of GBX 4,824 ($64.87) per share, for a total transaction of £19,971.36 ($26,857.67). Also, insider Karl Sternberg purchased 1,038 shares of the business's stock in a transaction on Tuesday, July 22nd. The stock was purchased at an average cost of GBX 4,819 ($64.81) per share, with a total value of £50,021.22 ($67,268.99). 6.95% of the stock is currently owned by company insiders.
About Capital Gearing
(
Get Free Report)
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.
Further Reading
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