Shares of Capital Gearing (LON:CGT - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 4,773.84 ($58.86) and traded as high as GBX 4,837.80 ($59.65). Capital Gearing shares last traded at GBX 4,820 ($59.43), with a volume of 48,883 shares trading hands.
Capital Gearing Price Performance
The business's 50-day moving average is GBX 4,773.84 and its 200 day moving average is GBX 4,759.03. The firm has a market capitalization of £1.03 billion, a P/E ratio of -7,637.30 and a beta of 0.23.
Insiders Place Their Bets
In related news, insider Paul Yates bought 1,000 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of GBX 4,755 ($58.63) per share, for a total transaction of £47,550 ($58,631.32). Also, insider Karl Sternberg bought 627 shares of Capital Gearing stock in a transaction dated Wednesday, November 27th. The shares were bought at an average cost of GBX 4,786 ($59.01) per share, for a total transaction of £30,008.22 ($37,001.50). Company insiders own 6.95% of the company's stock.
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.
See Also
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