Paul Yates Purchases 1,000 Shares of Capital Gearing (LON:CGT) Stock

Capital Gearing (LON:CGT) insider Paul Yates acquired 1,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were bought at an average cost of GBX 4,755 ($60.17) per share, with a total value of £47,550 ($60,167.03).

Capital Gearing Price Performance

LON CGT opened at GBX 4,751.32 ($60.12) on Thursday. Capital Gearing has a 12 month low of GBX 4,450 ($56.31) and a 12 month high of GBX 4,890 ($61.88). The company has a 50-day moving average of GBX 4,755.58 and a 200-day moving average of GBX 4,743.18. The company has a market cap of £1.01 billion, a P/E ratio of -7,531.75 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.