ICG Enterprise Trust (LON:ICGT) Stock Price Down 0.8%

ICG Enterprise Trust PLC (LON:ICGT) was down 0.8% during trading on Tuesday . The company traded as low as GBX 1,220 ($15.19) and last traded at GBX 1,220 ($15.19). Approximately 58,430 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 121,444 shares. The stock had previously closed at GBX 1,230 ($15.31).

ICG Enterprise Trust Price Performance

The company has a current ratio of 0.33, a quick ratio of 0.35 and a debt-to-equity ratio of 5.65. The business’s fifty day moving average is GBX 1,208.52 and its 200 day moving average is GBX 1,198.32. The firm has a market capitalization of £801.12 million, a P/E ratio of 1,788.37 and a beta of 0.83.

ICG Enterprise Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were issued a GBX 8 ($0.10) dividend. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 0.67%. ICG Enterprise Trust’s payout ratio is currently 4,776.12%.

Insider Buying and Selling

In other ICG Enterprise Trust news, insider Jane Tufnell bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The shares were acquired at an average cost of GBX 1,207 ($15.03) per share, for a total transaction of £12,070 ($15,025.52). Insiders own 1.61% of the company’s stock.

About ICG Enterprise Trust

ICG Enterprise Trust PLC specializes in direct and fund of funds investments. The fund does not make venture capital investments in startups or early stage funds. The fund also provides growth capital. In direct co-investments, the fund invests in buyouts of mature companies. For fund of fund investments, the fund seeks to invest in primary funds, secondary fund purchases, private equity buyout funds, growth capital funds, and mezzanine funds.