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Capital Gearing (LON:CGT) Stock Passes Above 50 Day Moving Average - What's Next?

Capital Gearing logo with Financial Services background

Capital Gearing (LON:CGT - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 4,756.18 ($61.91) and traded as high as GBX 4,769.46 ($62.09). Capital Gearing shares last traded at GBX 4,725 ($61.51), with a volume of 24,514 shares.

Capital Gearing Stock Performance

The firm has a market capitalization of £1.01 billion, a P/E ratio of -7,488.25 and a beta of 0.23. The stock has a 50 day moving average of GBX 4,756.18 and a 200-day moving average of GBX 4,742.

Capital Gearing Company Profile

(Get Free Report)

Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds.

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