Capital Gearing (LON:CGT) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Capital Gearing (LON:CGTGet Free Report) shares crossed 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 changing hands.

Capital Gearing Stock Performance

The company’s 50 day simple moving average is GBX 4,755.78 and its 200 day simple moving average is GBX 4,741.95. The stock has a market cap of £1.01 billion, a PE ratio of -7,515.87 and a beta of 0.23.

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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