HgCapital Trust (LON:HGT) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• HgCapital Trust shares fell below their 200-day moving average, trading at GBX 473 ($6.39), indicating potential concerns for investors.
• The firm reported earnings of GBX 2.04 per share for the last quarter and had a return on equity of 11.93% with a high net margin of 91.03%.
• HgCapital Trust primarily invests in a portfolio of approximately 50 private companies, focusing on software and business services with stable cash flows, represented by top investments reporting significant sales and EBITDA.

HgCapital Trust plc (LON:HGT - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 501.04 ($6.77) and traded as low as GBX 466 ($6.30). HgCapital Trust shares last traded at GBX 473 ($6.39), with a volume of 736,272 shares trading hands.

HgCapital Trust Stock Up 1.2%

The firm has a market capitalization of £2.19 billion, a P/E ratio of 928.44 and a beta of 0.44. The business has a 50-day moving average price of GBX 503.63 and a 200-day moving average price of GBX 501.04.

HgCapital Trust (LON:HGT - Get Free Report) last released its quarterly earnings data on Monday, September 15th. The investment trust reported GBX 2.04 earnings per share (EPS) for the quarter. HgCapital Trust had a return on equity of 11.93% and a net margin of 91.03%.

HgCapital Trust Company Profile

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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