Insider Buying: Capital Gearing (LON:CGT) Insider Buys £47,550 in Stock

Capital Gearing (LON:CGT) insider Paul Yates purchased 1,000 shares of Capital Gearing stock in a transaction dated Wednesday, November 20th. The shares were acquired at an average cost of GBX 4,755 ($59.61) per share, for a total transaction of £47,550 ($59,608.88).

Capital Gearing Price Performance

Shares of CGT stock opened at GBX 4,770 ($59.80) on Friday. The stock’s fifty day moving average price is GBX 4,755.48 and its 200 day moving average price is GBX 4,743.40. Capital Gearing has a 1-year low of GBX 4,450 ($55.79) and a 1-year high of GBX 4,890 ($61.30). The company has a market cap of £1.02 billion, a price-to-earnings ratio of -7,571.43 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.