ICG Enterprise Trust (LON:ICGT) Trading Up 1.5% – Still a Buy?

ICG Enterprise Trust PLC (LON:ICGT)’s stock price was up 1.5% during mid-day trading on Monday . The stock traded as high as GBX 1,258 ($16.80) and last traded at GBX 1,256 ($16.78). Approximately 33,819 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 77,451 shares. The stock had previously closed at GBX 1,238 ($16.54).

ICG Enterprise Trust Price Performance

The firm has a market capitalization of £811.73 million, a price-to-earnings ratio of 25.08 and a beta of 0.85. The company’s 50 day moving average is GBX 1,201.06 and its 200-day moving average is GBX 1,264.35. The company has a current ratio of 0.12, a quick ratio of 0.35 and a debt-to-equity ratio of 7.33.

ICG Enterprise Trust (LON:ICGT) last issued its earnings results on Thursday, May 8th. The company reported GBX (4.49) (($0.06)) earnings per share (EPS) for the quarter. ICG Enterprise Trust had a net margin of 58.54% and a return on equity of 2.61%. Equities research analysts anticipate that ICG Enterprise Trust PLC will post 1077.9999779 earnings per share for the current year.

Insider Activity at ICG Enterprise Trust

In other ICG Enterprise Trust news, insider Janine Nicholls bought 1,605 shares of the stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of GBX 1,210 ($16.16) per share, with a total value of £19,420.50 ($25,938.96). 12.27% of the stock is currently owned by company insiders.

ICG Enterprise Trust Company Profile

ICG Enterprise Trust is focused exclusively on investing in buyouts in North America and Europe. Through our experience, global network and focus on defensive growth, we seek to deliver attractive long-term returns.