Capital Gearing (LON:CGT) Insider Karl Sternberg Purchases 982 Shares

Capital Gearing (LON:CGT) insider Karl Sternberg bought 982 shares of the business’s stock in a transaction on Friday, April 17th. The stock was bought at an average cost of GBX 5,095 per share, with a total value of £50,032.90.

Capital Gearing Trading Down 0.2%

LON:CGT opened at GBX 5,100 on Tuesday. Capital Gearing has a 12 month low of GBX 4,685 and a 12 month high of GBX 5,110. The company has a market cap of £800.55 million, a PE ratio of 22.43 and a beta of 0.25. The company has a 50 day simple moving average of GBX 5,030.93 and a two-hundred day simple moving average of GBX 4,973.43.

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. 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.