Capital Gearing (LON:CGT) Releases Quarterly Earnings Results

Capital Gearing (LON:CGT) released its quarterly earnings data on Thursday. The company reported GBX 76.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,768 million during the quarter. Capital Gearing had a net margin of 89.48% and a return on equity of 4.71%.

Capital Gearing Price Performance

Shares of CGT opened at GBX 5,167.20 on Thursday. Capital Gearing has a 1-year low of GBX 4,685 and a 1-year high of GBX 5,220. The stock has a market cap of £810.58 million, a PE ratio of 22.72 and a beta of 0.44. The firm has a fifty day moving average price of GBX 5,075.37 and a 200 day moving average price of GBX 5,010.11.

Insiders Place Their Bets

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

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.