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ICG Enterprise Trust (LON:ICGT) Shares Down 0.4% - Should You Sell?

ICG Enterprise Trust logo with Financial Services background

Key Points

  • ICG Enterprise Trust PLC shares experienced a slight decline of 0.4%, trading at GBX 1,456 ($19.56) during midday trading on Monday.
  • The company's market capitalization stands at £940.99 million, with a notable debt-to-equity ratio of 7.33, indicating significant leverage.
  • ICG Enterprise Trust is focused on investing in buyouts across North America and Europe, aiming to achieve attractive long-term returns through a defensive growth strategy.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of ICG Enterprise Trust PLC (LON:ICGT - Get Free Report) were down 0.4% during mid-day trading on Monday . The company traded as low as GBX 1,454 ($19.67) and last traded at GBX 1,456 ($19.70). Approximately 18,362 shares traded hands during trading, a decline of 75% from the average daily volume of 74,285 shares. The stock had previously closed at GBX 1,462 ($19.78).

ICG Enterprise Trust Stock Performance

The stock's 50-day moving average is GBX 1,416.18 and its 200-day moving average is GBX 1,307.14. The firm has a market capitalization of £944.39 million, a price-to-earnings ratio of 29.18 and a beta of 0.85. The company has a current ratio of 0.12, a quick ratio of 0.35 and a debt-to-equity ratio of 7.33.

About ICG Enterprise Trust

(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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