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

Capital Gearing (LON:CGTGet Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 5,190 and last traded at GBX 5,180, with a volume of 8154 shares traded. The stock had previously closed at GBX 5,120.

Capital Gearing Stock Up 0.2%

The company’s fifty day moving average price is GBX 5,061.68 and its 200 day moving average price is GBX 5,002.15. The company has a market capitalization of £811.37 million, a P/E ratio of 22.74 and a beta of 0.44.

Insider Activity at Capital Gearing

In other Capital Gearing news, insider Karl Sternberg bought 982 shares of the stock in a transaction dated 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. Corporate insiders own 1.38% of the company’s stock.

Capital Gearing Company Profile

(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.

Further Reading

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