Capital Gearing (LON:CGT) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Shares of Capital Gearing (LON:CGT - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 4,794.20 ($65.05) and traded as low as GBX 4,735 ($64.25). Capital Gearing shares last traded at GBX 4,765 ($64.65), with a volume of 25,288 shares traded.

Capital Gearing Stock Down 0.1%

The company has a 50-day simple moving average of GBX 4,794.20 and a two-hundred day simple moving average of GBX 4,800.99. The firm has a market cap of £886.17 million, a PE ratio of 19.37 and a beta of 0.23.

Capital Gearing (LON:CGT - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported GBX 107.54 ($1.46) EPS for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

Insider Activity

In other Capital Gearing news, insider Theodora Zemek bought 414 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were acquired at an average cost of GBX 4,824 ($65.45) per share, for a total transaction of £19,971.36 ($27,098.18). Insiders own 6.95% of the company's stock.

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.