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

Capital Gearing (LON:CGTGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 5,000 and last traded at GBX 4,958.85, with a volume of 18244 shares changing hands. The stock had previously closed at GBX 4,945.

Capital Gearing Trading Up 0.5%

The company has a market capitalization of £805.12 million, a price-to-earnings ratio of 21.85 and a beta of 0.23. The firm’s fifty day simple moving average is GBX 4,939.27 and its two-hundred day simple moving average is GBX 4,869.69.

Capital Gearing (LON:CGTGet Free Report) last announced its quarterly earnings results on Tuesday, November 18th. The company reported GBX 41.51 earnings per share (EPS) for the quarter. Capital Gearing had a net margin of 255.48% and a return on equity of 5.25%.

About Capital Gearing

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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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