Intermediate Capital Group (OTCMKTS:ICGUF) Trading Down 12.3% – Here’s Why

Intermediate Capital Group plc (OTCMKTS:ICGUFGet Free Report) fell 12.3% during mid-day trading on Thursday . The company traded as low as $22.80 and last traded at $22.80. Approximately 100 shares changed hands during trading, a decline of 93% from the average daily volume of 1,414 shares. The stock had previously closed at $26.00.

Intermediate Capital Group Stock Performance

The company’s fifty day moving average is $24.12 and its 200-day moving average is $24.80.

About Intermediate Capital Group

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Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.

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