Capital Gearing (LON:CGT) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Capital Gearing (LON:CGT)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 4,949.32 and traded as high as GBX 4,995. Capital Gearing shares last traded at GBX 4,955, with a volume of 47,188 shares.

Capital Gearing Stock Performance

The firm’s 50 day moving average price is GBX 4,949.32 and its 200-day moving average price is GBX 4,902.47. The firm has a market capitalization of £802.90 million, a PE ratio of 21.82 and a beta of 0.23.

Capital Gearing (LON:CGT) last announced its earnings results on Tuesday, November 18th. The company reported GBX 41.51 earnings per share (EPS) for the quarter. Capital Gearing had a net margin of 255.48% and a return on equity of 5.25%.

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.