Capital Gearing Trust p.l.c (LON:CGT) Shares Cross Above Fifty Day Moving Average of $4,920.38

Capital Gearing Trust p.l.c (LON:CGTGet Rating) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 4,920.38 ($58.18) and traded as high as GBX 4,990 ($59.00). Capital Gearing Trust p.l.c shares last traded at GBX 4,990 ($59.00), with a volume of 33,458 shares changing hands.

Capital Gearing Trust p.l.c Price Performance

The stock’s fifty day moving average is GBX 4,920.38 and its 200-day moving average is GBX 5,025.55. The stock has a market cap of £1.30 billion and a PE ratio of 1,263.29.

Capital Gearing Trust p.l.c Company Profile

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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.

Further Reading

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