Shares of HgCapital Trust plc (LON:HGT - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 508.37 ($6.86) and traded as low as GBX 498 ($6.72). HgCapital Trust shares last traded at GBX 504.04 ($6.80), with a volume of 313,724 shares traded.
HgCapital Trust Stock Performance
The firm has a market capitalization of £2.38 billion, a P/E ratio of 8.46 and a beta of 0.44. The stock's 50 day simple moving average is GBX 502.29 and its 200 day simple moving average is GBX 508.02.
Insider Buying and Selling
In related news, insider Helena Coles bought 350 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were acquired at an average cost of GBX 483 ($6.52) per share, for a total transaction of £1,690.50 ($2,280.45). 8.44% of the stock is owned by corporate insiders.
HgCapital Trust Company Profile
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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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