Intermediate Capital Group (OTCMKTS:ICGUF) Trading Down 12.3% – Should You Sell?

Intermediate Capital Group plc (OTCMKTS:ICGUF) shares dropped 12.3% during mid-day trading on Thursday . The stock traded as low as $22.80 and last traded at $22.80. 100 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 1,414 shares. The stock had previously closed at $26.00.

Intermediate Capital Group Stock Down 12.3%

The stock’s fifty day simple moving average is $24.12 and its 200 day simple moving average is $24.80.

Intermediate Capital Group Company Profile

Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.