HgCapital Trust (LON:HGT) Share Price Passes Above 200 Day Moving Average of $415.22

HgCapital Trust (LON:HGT - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 415.22 ($5.25) and traded as high as GBX 478 ($6.04). HgCapital Trust shares last traded at GBX 467.50 ($5.91), with a volume of 2,290,868 shares trading hands.

HgCapital Trust Stock Down 0.8 %

The firm's 50-day moving average is GBX 442.99 and its 200 day moving average is GBX 415.76. The company has a debt-to-equity ratio of 6.58, a quick ratio of 274.70 and a current ratio of 81.78. The firm has a market capitalization of £2.14 billion, a P/E ratio of 1,263.51 and a beta of 0.43.

HgCapital Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Thursday, March 21st will be issued a GBX 4.50 ($0.06) dividend. This represents a dividend yield of 0.98%. This is a boost from HgCapital Trust's previous dividend of $2.00. The ex-dividend date is Thursday, March 21st. HgCapital Trust's dividend payout ratio is presently 1,891.89%.

About HgCapital Trust

Hg Capital Trust plc specializes in direct, quoted and unquoted companies and fund of funds investments. The funds maximum exposure to unlisted investments is 100% of the gross assets and single investment in an unlisted company or closed-ended investments fund, whether made directly or indirectly, will exceed a maximum of 15% of gross assets.