ICG Enterprise Trust (LON:ICGT) Trading Down 0.8%

ICG Enterprise Trust PLC (LON:ICGT) was down 0.8% on Tuesday . The stock traded as low as GBX 1,220 ($15.19) and last traded at GBX 1,220 ($15.19). Approximately 58,430 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 121,444 shares. The stock had previously closed at GBX 1,230 ($15.31).

ICG Enterprise Trust Price Performance

The stock has a 50 day moving average price of GBX 1,208.28 and a 200-day moving average price of GBX 1,198.30. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.33 and a quick ratio of 0.35. The stock has a market capitalization of £814.47 million, a price-to-earnings ratio of 1,820.90 and a beta of 0.83.

ICG Enterprise Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, March 1st. Stockholders of record on Thursday, February 15th were issued a dividend of GBX 8 ($0.10) per share. This represents a dividend yield of 0.67%. The ex-dividend date was Thursday, February 15th. ICG Enterprise Trust’s payout ratio is 4,776.12%.

Insider Activity

In other ICG Enterprise Trust news, insider Jane Tufnell purchased 1,000 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were purchased at an average cost of GBX 1,207 ($15.03) per share, for a total transaction of £12,070 ($15,025.52). Company insiders own 1.61% of the company’s stock.

ICG Enterprise Trust Company Profile

ICG Enterprise Trust PLC specializes in direct and fund of funds investments. The fund does not make venture capital investments in startups or early stage funds. The fund also provides growth capital. In direct co-investments, the fund invests in buyouts of mature companies. For fund of fund investments, the fund seeks to invest in primary funds, secondary fund purchases, private equity buyout funds, growth capital funds, and mezzanine funds.