Shares of Capital Gearing (LON:CGT - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 4,804.30 ($60.70) and traded as high as GBX 4,875 ($61.59). Capital Gearing shares last traded at GBX 4,835 ($61.09), with a volume of 35,746 shares traded.
Capital Gearing Stock Performance
The stock has a market capitalization of £899.19 million, a PE ratio of 19.66 and a beta of 0.23. The stock's 50 day moving average is GBX 4,804.30 and its two-hundred day moving average is GBX 4,778.26.
Insiders Place Their Bets
In other Capital Gearing news, insider Karl Sternberg bought 627 shares of the firm's stock in a transaction on Wednesday, November 27th. The shares were acquired at an average cost of GBX 4,786 ($60.47) per share, with a total value of £30,008.22 ($37,913.10). 6.95% of the stock is currently owned by corporate insiders.
About Capital Gearing
(
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Capital Gearing Trust plc was admitted to the London Stock Exchange in 1973. Peter Spiller took over as the investment manager of the Company in 1982 and has held that position through to today. Since 1982 the Company has delivered amongst the best returns of any London listed investment trust, with notably few periods of negative performance
Initially Capital Gearing Trust plc invested entirely into investment trust related equity securities.
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