Capital Gearing (LON:CGT) Announces Earnings Results

Capital Gearing (LON:CGT) posted its quarterly earnings data on Thursday. The company reported GBX 76.90 earnings per share for the quarter, Digital Look Earnings reports. Capital Gearing had a net margin of 89.48% and a return on equity of 4.71%. The firm had revenue of GBX 1,768 million for the quarter.

Capital Gearing Price Performance

LON:CGT opened at GBX 5,167.20 on Thursday. Capital Gearing has a 1-year low of GBX 4,685 and a 1-year high of GBX 5,220. The firm’s fifty day moving average price is GBX 5,075.37 and its 200 day moving average price is GBX 5,010.11. The firm has a market cap of £810.58 million, a price-to-earnings ratio of 22.72 and a beta of 0.44.

Insider Activity at Capital Gearing

In other Capital Gearing news, insider Karl Sternberg purchased 982 shares of the stock in a transaction dated Friday, April 17th. The shares were acquired at an average cost of GBX 5,095 per share, for a total transaction of £50,032.90. 1.38% of the stock is owned by corporate insiders.

Capital Gearing Company Profile

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.