ICG Enterprise Trust (LON:ICGT) Stock Price Down 1.7% – Here’s What Happened

ICG Enterprise Trust PLC (LON:ICGT) was down 1.7% during mid-day trading on Thursday . The company traded as low as GBX 1,410 and last traded at GBX 1,410. Approximately 18,120 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 92,726 shares. The stock had previously closed at GBX 1,434.

ICG Enterprise Trust Stock Up 0.5%

The company has a market capitalization of £859.17 million, a price-to-earnings ratio of -106.18 and a beta of 1.04. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 5.23. The business has a 50-day moving average price of GBX 1,444.80 and a 200-day moving average price of GBX 1,399.73.

Insider Transactions at ICG Enterprise Trust

In other news, insider Alastair Bruce bought 711 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was bought at an average cost of GBX 1,406 per share, for a total transaction of £9,996.66. Also, insider Jane Tufnell bought 1,975 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average cost of GBX 1,464 per share, for a total transaction of £28,914. Insiders have acquired 7,048 shares of company stock valued at $10,085,106 over the last ninety days. Insiders own 0.85% of the company’s stock.

About ICG Enterprise Trust

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.