ICG Enterprise Trust (LON:ICGT) Stock Price Down 0.6% – Time to Sell?

ICG Enterprise Trust PLC (LON:ICGTGet Free Report)’s share price dropped 0.6% on Friday . The company traded as low as GBX 1,396 and last traded at GBX 1,396. Approximately 17,869 shares traded hands during trading, a decline of 82% from the average session volume of 100,082 shares. The stock had previously closed at GBX 1,404.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of ICG Enterprise Trust in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

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ICG Enterprise Trust Stock Down 0.6%

The business has a 50-day moving average price of GBX 1,391.38 and a 200 day moving average price of GBX 1,411.71. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 5.23. The stock has a market capitalization of £849.33 million, a P/E ratio of -104.57 and a beta of 1.06.

ICG Enterprise Trust (LON:ICGTGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported GBX (3.55) earnings per share for the quarter. The business had revenue of GBX 231 million during the quarter. ICG Enterprise Trust had a negative return on equity of 0.66% and a negative net margin of 52.20%. On average, equities analysts expect that ICG Enterprise Trust PLC will post 1077.9999779 EPS for the current fiscal year.

Insider Buying and Selling at ICG Enterprise Trust

In other ICG Enterprise Trust news, insider Alastair Bruce bought 711 shares of ICG Enterprise Trust stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average cost of GBX 1,406 per share, for a total transaction of £9,996.66. 0.83% of the stock is currently owned by company insiders.

ICG Enterprise Trust Company Profile

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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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