Capital Gearing (LON:CGT) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Capital Gearing (LON:CGT) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 5,145.10 and traded as high as GBX 5,230. Capital Gearing shares last traded at GBX 5,200.42, with a volume of 26,757 shares.

Capital Gearing Stock Down 0.6%

The stock has a fifty day moving average of GBX 5,145.10 and a 200-day moving average of GBX 5,058.76. The firm has a market capitalization of £813.55 million, a P/E ratio of 19.14 and a beta of 0.24.

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

About Capital Gearing

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.