Capital Gearing (LON:CGT) Share Price Passes Below 50-Day Moving Average - Should You 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 ($64.36) and traded as low as GBX 4,735 ($63.57). Capital Gearing shares last traded at GBX 4,765 ($63.97), with a volume of 25,288 shares.

Capital Gearing Stock Performance

The stock has a market cap of £887.10 million, a PE ratio of 19.39 and a beta of 0.23. The firm has a fifty day moving average price of GBX 4,795.50 and a 200 day moving average price of GBX 4,800.90.

Capital Gearing (LON:CGT - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported GBX 107.54 ($1.44) earnings per share (EPS) for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

Insider Activity

In related news, insider Theodora Zemek acquired 414 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was acquired at an average cost of GBX 4,824 ($64.76) per share, for a total transaction of £19,971.36 ($26,810.79). Corporate 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.