Capital Gearing (LON:CGT) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Capital Gearing (LON:CGTGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 4,950.41 and traded as high as GBX 4,990. Capital Gearing shares last traded at GBX 4,961.13, with a volume of 18,729 shares traded.

Capital Gearing Trading Up 0.3%

The stock has a market cap of £794.26 million, a PE ratio of 21.88 and a beta of 0.23. The company’s 50 day moving average is GBX 4,950.41 and its 200-day moving average is GBX 4,909.26.

Capital Gearing (LON:CGTGet Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX 41.51 earnings per share for the quarter. Capital Gearing had a net margin of 255.48% and a return on equity of 5.25%.

Capital Gearing Company Profile

(Get Free Report)

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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