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ICG Enterprise Trust (LON:ICGT) Shares Down 0.3% - Should You Sell?

ICG Enterprise Trust logo with Financial Services background
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Key Points

  • Shares fell 0.3% to GBX 1,346 on Tuesday with volume of ~49,058 shares (down 53% vs. average), and the stock is trading below its 50‑day (GBX 1,376) and 200‑day (GBX 1,467) moving averages.
  • Company metrics show a market cap of £827.32m and a P/E of 13.37, but note the high debt-to-equity (6.98) and weak liquidity (current ratio 0.23, quick ratio 0.35).
  • Insider buying: Alastair Bruce purchased 1,000 shares at GBX 1,302 and Adiba Ighodaro bought 169 shares at GBX 1,371 recently; insiders hold 0.83% of the stock.
  • MarketBeat previews the top five stocks to own by May 1st.

Shares of ICG Enterprise Trust PLC (LON:ICGT - Get Free Report) dropped 0.3% during trading on Tuesday . The stock traded as low as GBX 1,342 and last traded at GBX 1,346. Approximately 49,058 shares traded hands during trading, a decline of 53% from the average daily volume of 104,836 shares. The stock had previously closed at GBX 1,350.

ICG Enterprise Trust Stock Down 0.3%

The company has a debt-to-equity ratio of 6.98, a current ratio of 0.23 and a quick ratio of 0.35. The firm's 50-day moving average price is GBX 1,376.29 and its 200 day moving average price is GBX 1,467.26. The firm has a market cap of £827.32 million, a P/E ratio of 13.37 and a beta of 0.51.

Insider Transactions at ICG Enterprise Trust

In other ICG Enterprise Trust news, insider Alastair Bruce bought 1,000 shares of the business's stock in a transaction on Monday, March 16th. The shares were purchased at an average price of GBX 1,302 per share, with a total value of £13,020. Also, insider Adiba Ighodaro bought 169 shares of the business's stock in a transaction on Wednesday, March 11th. The stock was acquired at an average cost of GBX 1,371 per share, for a total transaction of £2,316.99. Company insiders own 0.83% of the company's stock.

ICG Enterprise Trust Company Profile

(Get Free Report)

ICG Enterprise Trust is focused exclusively on investing in buyouts in North America and Europe. Through our experience, global network and focus on defensive growth, we seek to deliver attractive long-term returns.

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