ICG Enterprise Trust (LON:ICGT) Trading Down 0.8%

ICG Enterprise Trust PLC (LON:ICGT)’s stock price dropped 0.8% 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 traded hands during 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 debt-to-equity ratio of 5.65, a quick ratio of 0.35 and a current ratio of 0.33. The company has a market capitalization of £814.47 million, a PE ratio of 1,820.90 and a beta of 0.83. The company’s 50-day simple moving average is GBX 1,208.28 and its 200-day simple moving average is GBX 1,198.30.

ICG Enterprise Trust Announces Dividend

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

Insider Activity at ICG Enterprise Trust

In related news, insider Jane Tufnell bought 1,000 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were acquired at an average price of GBX 1,207 ($15.03) per share, with a total value of £12,070 ($15,025.52). 1.61% of the stock is currently owned by insiders.

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.