Capital Gearing (LON:CGT) Hits New 1-Year High – Still a Buy?

Capital Gearing (LON:CGTGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 5,180 and last traded at GBX 5,180, with a volume of 242 shares changing hands. The stock had previously closed at GBX 5,082.50.

Capital Gearing Price Performance

The firm has a 50-day simple moving average of GBX 5,048.04 and a 200 day simple moving average of GBX 4,993.80. The company has a market capitalization of £796.71 million, a PE ratio of 22.33 and a beta of 0.44.

Insider Buying and Selling

In related news, insider Karl Sternberg acquired 982 shares of the business’s stock in a transaction on Friday, April 17th. The shares were bought at an average cost of GBX 5,095 per share, with a total value of £50,032.90. 1.38% of the stock is owned by company insiders.

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.

See Also

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