Insider Buying: Capital Gearing (LON:CGT) Insider Purchases 627 Shares of Stock

Capital Gearing (LON:CGT) insider Karl Sternberg bought 627 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average cost of GBX 4,786 ($60.67) per share, with a total value of £30,008.22 ($38,042.88).

Capital Gearing Stock Performance

Shares of CGT stock traded up GBX 10 ($0.13) during trading hours on Thursday, hitting GBX 4,795 ($60.79). 23,451 shares of the company were exchanged, compared to its average volume of 63,525. Capital Gearing has a fifty-two week low of GBX 4,450 ($56.41) and a fifty-two week high of GBX 4,890 ($61.99). The company has a 50 day simple moving average of GBX 4,755.98 and a two-hundred day simple moving average of GBX 4,743.60. The firm has a market cap of £1.02 billion, a P/E ratio of -7,607.70 and a beta of 0.23.

About Capital Gearing

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.