Capital Gearing (LON:CGT) Sets New 52-Week High – What’s Next?

Capital Gearing (LON:CGT) shares reached a new 52-week high on Friday . The company traded as high as GBX 5,220 and last traded at GBX 5,182.40, with a volume of 6329 shares traded. The stock had previously closed at GBX 5,150.

Capital Gearing Stock Performance

The stock has a market capitalization of £816.77 million, a P/E ratio of 22.95 and a beta of 0.44. The stock’s fifty day simple moving average is GBX 5,092.20 and its two-hundred day simple moving average is GBX 5,019.03.

Capital Gearing (LON:CGT) last posted its earnings results on Thursday, June 4th. The company reported GBX 76.90 earnings per share for the quarter. The firm had revenue of GBX 1,768 million for the quarter. Capital Gearing had a net margin of 130.53% and a return on equity of 5.59%.

Insider Activity

In other news, insider Karl Sternberg purchased 982 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were purchased at an average price of GBX 5,095 per share, for a total transaction of £50,032.90. Company insiders own 1.38% of the company’s stock.

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.