Capital Gearing (LON:CGT) Hits New 1-Year High – What’s Next?

Shares of Capital Gearing (LON:CGTGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 4,980 ($66.42) and last traded at GBX 4,954.82 ($66.08), with a volume of 143934 shares. The stock had previously closed at GBX 4,950 ($66.02).

Capital Gearing Stock Down 0.2%

The stock’s 50-day moving average is GBX 4,876.58 and its 200-day moving average is GBX 4,830.61. The firm has a market cap of £815.07 million, a P/E ratio of 27.53 and a beta of 0.23.

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.

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