Capital Gearing (LON:CGT) Hits New 1-Year High – Should You Buy?

Capital Gearing (LON:CGT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 5,110 and last traded at GBX 5,080.14, with a volume of 40727 shares. The stock had previously closed at GBX 5,060.

Capital Gearing Stock Performance

The firm has a market cap of £794.27 million, a PE ratio of 22.25 and a beta of 0.25. The stock has a fifty day moving average price of GBX 5,023.75 and a 200-day moving average price of GBX 4,968.81.

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.