Capital Gearing (LON:CGT) Insider Purchases £50,021.22 in Stock

Capital Gearing (LON:CGT - Get Free Report) insider Karl Sternberg acquired 1,038 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was bought at an average price of GBX 4,819 ($64.76) per share, with a total value of £50,021.22 ($67,223.79).

Capital Gearing Stock Performance

CGT traded up GBX 10 ($0.13) during midday trading on Friday, reaching GBX 4,830 ($64.91). 21,276 shares of the company were exchanged, compared to its average volume of 44,148. Capital Gearing has a one year low of GBX 4,620 ($62.09) and a one year high of GBX 4,890 ($65.72). The stock has a market capitalization of £898.26 million, a P/E ratio of 19.64 and a beta of 0.23. The stock's 50-day simple moving average is GBX 4,798.67 and its 200 day simple moving average is GBX 4,805.42.

Capital Gearing (LON:CGT - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported GBX 107.54 ($1.45) earnings per share (EPS) for the quarter. Capital Gearing had a return on equity of 5.25% and a net margin of 255.48%.

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.