Capital Gearing (LON:CGT) Reaches New 1-Year High – Time to Buy?

Capital Gearing (LON:CGTGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 5,040 and last traded at GBX 5,036.46, with a volume of 4624 shares. The stock had previously closed at GBX 5,030.

Capital Gearing Trading Up 0.4%

The business has a 50-day moving average price of GBX 4,966.67 and a 200 day moving average price of GBX 4,923.70. The stock has a market capitalization of £807.67 million, a P/E ratio of 22.25 and a beta of 0.23.

About Capital Gearing

(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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