ICG Enterprise Trust (LON:ICGT) Stock Price Up 0.3% - Here's What Happened

Key Points

• ICG Enterprise Trust (LON:ICGT) shares rose 0.3% to GBX 1,344 intraday (high GBX 1,360) on about 73,624 shares traded, a 19% decline from average volume.
• The company has a market cap of £826.09m and a P/E of 13.35, but the stock trades below both its 50‑day (GBX 1,421) and 200‑day (GBX 1,478) moving averages and shows a high debt-to-equity ratio of 6.98.
• Insiders bought shares recently — Alastair Bruce bought 1,000 shares at GBX 1,302 and Adiba Ighodaro bought 169 shares at GBX 1,371 — with insiders holding 0.83% of the stock.

ICG Enterprise Trust PLC (LON:ICGT - ) shares rose 0.3% on Tuesday . The stock traded as high as GBX 1,360 and last traded at GBX 1,344. Approximately 73,624 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 90,491 shares. The stock had previously closed at GBX 1,340.

ICG Enterprise Trust Price Performance

The company has a market capitalization of £826.09 million, a P/E ratio of 13.35 and a beta of 0.46. The company's 50-day moving average price is GBX 1,421.29 and its two-hundred day moving average price is GBX 1,477.62. The company has a debt-to-equity ratio of 6.98, a current ratio of 0.23 and a quick ratio of 0.35.

Insider Activity

In related news, insider Alastair Bruce acquired 1,000 shares of the company's stock in a transaction dated Monday, March 16th. The shares were bought at an average cost of GBX 1,302 per share, with a total value of £13,020. Also, insider Adiba Ighodaro acquired 169 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was bought at an average cost of GBX 1,371 per share, for a total transaction of £2,316.99. 0.83% of the stock is owned by corporate insiders.

About ICG Enterprise Trust

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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