HgCapital Trust (LON:HGT) Hits New 52-Week Low - Should You Sell?

Key Points

• HgCapital Trust hit a new 52-week low, trading as low as GBX 398.95 (last GBX 405.36) on heavy volume (6,212,173 shares) and is trading well below its 50- and 200-day moving averages (~GBX 496); market cap £1.85bn, PE 23.67, beta 0.44.
• An insider, Helena Coles, bought 4,072 shares at GBX 488 on Nov 28 while total insider ownership remains low at 0.19%, representing a modest insider purchase amid the share-price decline.
• HgT’s portfolio comprises ~50 private software and business-service companies, with the top 20 accounting for 76% of value and reporting combined last-12-month sales of £10.6bn and EBITDA of £3.3bn (31% margin), suggesting strong underlying cash flows.

HgCapital Trust plc (LON:HGT - )'s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 398.95 and last traded at GBX 405.36, with a volume of 6212173 shares. The stock had previously closed at GBX 455.

HgCapital Trust Price Performance

The firm has a market cap of £1.85 billion, a PE ratio of 23.67 and a beta of 0.44. The business's fifty day moving average is GBX 496.44 and its 200-day moving average is GBX 495.31.

Insiders Place Their Bets

In other HgCapital Trust news, insider Helena Coles acquired 4,072 shares of HgCapital Trust stock in a transaction that occurred on Friday, November 28th. The stock was acquired at an average cost of GBX 488 per share, for a total transaction of £19,871.36. Corporate insiders own 0.19% of the company's stock.

About HgCapital Trust

HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of c.50 private companies sourced by Hg. Value is created through implementing an investment strategy focused on software and business service companies with resilient, recurring revenue streams and from leveraging the network and expertise of Hg to support management teams to deliver the full potential of their respective businesses. With highly predictable and stable cash flows, the top 20 businesses (representing 76% by value of HGT's investments) reported aggregate sales of £10.6 billion and EBITDA of £3.3 billion over the last 12 months, equating to an EBITDA margin of 31%. Hg brings to HgT an experienced team of c.400 employees, including c.

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