Capital Gearing (LON:CGT) Insider Karl Sternberg Buys 982 Shares

Capital Gearing (LON:CGT) insider Karl Sternberg acquired 982 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was acquired at an average price of GBX 5,095 per share, with a total value of £50,032.90.

Capital Gearing Price Performance

LON CGT traded down GBX 10 during trading hours on Monday, reaching GBX 5,100. The company’s stock had a trading volume of 36,831 shares, compared to its average volume of 44,600. The firm has a fifty day simple moving average of GBX 5,028.43 and a 200-day simple moving average of GBX 4,971.98. The stock has a market cap of £800.55 million, a P/E ratio of 22.43 and a beta of 0.25. Capital Gearing has a 52 week low of GBX 4,685 and a 52 week high of GBX 5,110.

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.