Capital Gearing (LON:CGT) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Key Points

• Shares passed above its fifty day moving average: CGT's 50-day MA is GBX 4,997.96, it traded as high as GBX 5,070 and last at GBX 5,040 on volume 21,020, though the stock was down about 1.0%.
• Company fundamentals and track record: Capital Gearing has a market cap of £793.25 million, a P/E of 22.02 and a beta of 0.47, and the trust has delivered a strong long-term record under manager Peter Spiller with only two down years in its history.

Shares of Capital Gearing (LON:CGT - ) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 4,997.96 and traded as high as GBX 5,070. Capital Gearing shares last traded at GBX 5,040, with a volume of 21,020 shares trading hands.

Capital Gearing Stock Down 1.0%

The stock has a market cap of £793.25 million, a PE ratio of 22.02 and a beta of 0.47. The business has a 50 day moving average price of GBX 4,997.96 and a 200 day moving average price of GBX 4,943.91.

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. 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.

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