Capital Gearing (LON:CGT) Issues Quarterly Earnings Results

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

Capital Gearing Stock Performance

Shares of LON:CGT opened at GBX 4,925 on Thursday. Capital Gearing has a 52-week low of GBX 4,620 and a 52-week high of GBX 4,980. The firm has a market capitalization of £801.40 million, a P/E ratio of 27.39 and a beta of 0.23. The stock has a 50 day moving average price of GBX 4,908.95 and a 200-day moving average price of GBX 4,849.77.

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.