ICG Enterprise Trust (LON:ICGT) Trading Down 1.7% – Should You Sell?

ICG Enterprise Trust PLC (LON:ICGT) shares dropped 1.7% on Thursday . The company traded as low as GBX 1,410 and last traded at GBX 1,410. Approximately 18,120 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 92,726 shares. The stock had previously closed at GBX 1,434.

ICG Enterprise Trust Trading Down 1.7%

The firm has a market capitalization of £854.60 million, a PE ratio of -105.62 and a beta of 1.04. The company’s 50-day moving average price is GBX 1,444.53 and its 200-day moving average price is GBX 1,399.60. The company has a debt-to-equity ratio of 5.23, a quick ratio of 0.34 and a current ratio of 0.51.

Insiders Place Their Bets

In other ICG Enterprise Trust news, insider Jane Tufnell purchased 1,975 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were bought at an average cost of GBX 1,464 per share, for a total transaction of £28,914. Also, insider Alastair Bruce purchased 711 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were acquired at an average cost of GBX 1,406 per share, with a total value of £9,996.66. Over the last 90 days, insiders acquired 7,048 shares of company stock worth $10,085,106. 0.85% of the stock is owned by insiders.

ICG Enterprise Trust Company Profile

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.