Capital Gearing (LON:CGT) Share Price Passes Below 200 Day Moving Average – What’s Next?
by Scott Moore · The Cerbat GemCapital Gearing (LON:CGT – Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4,032.15 and traded as low as GBX 518. Capital Gearing shares last traded at GBX 520, with a volume of 178,963 shares.
Capital Gearing Stock Up 0.2%
The company has a market cap of £815.45 million, a price-to-earnings ratio of 19.14 and a beta of 0.44. The company has a fifty day simple moving average of GBX 2,104.75 and a two-hundred day simple moving average of GBX 4,032.15.
Capital Gearing (LON:CGT – Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The company reported GBX 76.90 earnings per share (EPS) for the quarter. Capital Gearing had a return on equity of 5.59% and a net margin of 130.53%.The business had revenue of GBX 1,768 million during the quarter.
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.