ICG Enterprise Trust (LON:ICGT) Stock Falls 1.3% – Here’s What Happened

ICG Enterprise Trust PLC (LON:ICGT – Get Free Report) shares traded down 1.3% during mid-day trading on Thursday. The company traded as low as GBX 1,382 and last traded at GBX 1,382. Approximately 124,525 shares were traded during trading, an increase of 37% from the average daily volume of 91,163 shares. The stock had previously closed at GBX 1,400.

ICG Enterprise Trust Stock Performance

The firm’s 50-day moving average price is GBX 1,440.97 and its 200-day moving average price is GBX 1,396.56. The company has a debt-to-equity ratio of 5.23, a current ratio of 0.51 and a quick ratio of 0.34. The stock has a market cap of £837.63 million, a P/E ratio of -103.52 and a beta of 1.04.

Insiders Place Their Bets

In related news, insider Jane Tufnell purchased 4,362 shares of ICG Enterprise Trust stock in a transaction on Thursday, July 30th. The shares were bought at an average cost of GBX 1,420 per share, for a total transaction of £61,940.40. Insiders own 0.85% of the company’s stock.

About ICG Enterprise Trust

(Get Free Report)

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.

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