Capital Gearing (LON:CGT - Get Free Report)'s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 4,799.37 ($64.74) and traded as low as GBX 4,766.16 ($64.29). Capital Gearing shares last traded at GBX 4,790 ($64.62), with a volume of 29,400 shares changing hands.
Capital Gearing Stock Performance
The company has a 50-day simple moving average of GBX 4,799.37 and a two-hundred day simple moving average of GBX 4,801.69. The firm has a market capitalization of £890.82 million, a P/E ratio of 19.47 and a beta of 0.23.
Capital Gearing (LON:CGT - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported GBX 107.54 ($1.45) earnings per share for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.
Insider Buying and Selling
In other Capital Gearing news, insider Theodora Zemek bought 414 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were purchased at an average price of GBX 4,824 ($65.07) per share, for a total transaction of £19,971.36 ($26,941.00). Corporate insiders own 6.95% of the company's stock.
About Capital Gearing
(
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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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