Capital Gearing (LON:CGT – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 4,765 ($59.86) and last traded at GBX 4,760.33 ($59.80), with a volume of 8698 shares trading hands. The stock had previously closed at GBX 4,755 ($59.74).
Capital Gearing Stock Performance
The firm’s 50 day moving average is GBX 4,701.85 and its 200-day moving average is GBX 4,615.80. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of -2,301.93 and a beta of 0.22.
About Capital Gearing
Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds.
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