Capital Gearing (LON:CGT) Reaches New 52-Week High at $4,815.00

Shares of Capital Gearing (LON:CGT) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 4,815 ($61.94) and last traded at GBX 4,815 ($61.94), with a volume of 45247 shares traded. The stock had previously closed at GBX 4,790 ($61.62).

Capital Gearing Trading Up 0.5 %

The firm’s 50-day simple moving average is GBX 4,708.70 and its two-hundred day simple moving average is GBX 4,685.56. The company has a market cap of £1.03 billion, a PE ratio of -7,579.37 and a beta of 0.23.

Capital Gearing Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 6th were issued a dividend of GBX 78 ($1.00) per share. This represents a yield of 1.65%. This is a positive change from Capital Gearing’s previous dividend of $11.00. The ex-dividend date was Thursday, June 6th. Capital Gearing’s dividend payout ratio (DPR) is -9,523.81%.

Capital Gearing Company Profile

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.