ICG Enterprise Trust PLC (LON:ICGT – Free Report) insider David Warnock bought 10,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was bought at an average cost of GBX 1,075 ($13.67) per share, for a total transaction of £107,500 ($136,681.50).
ICG Enterprise Trust Trading Up 3.4 %
ICGT stock opened at GBX 1,096 ($13.94) on Thursday. The company has a market capitalization of £745.72 million, a PE ratio of 456.67 and a beta of 0.84. ICG Enterprise Trust PLC has a one year low of GBX 928 ($11.80) and a one year high of GBX 1,223.76 ($15.56). The company’s 50 day moving average price is GBX 1,102.57 and its two-hundred day moving average price is GBX 1,114.29. The company has a debt-to-equity ratio of 5.02, a quick ratio of 0.35 and a current ratio of 0.32.
ICG Enterprise Trust Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, September 1st. Stockholders of record on Thursday, August 17th will be issued a GBX 8 ($0.10) dividend. This represents a dividend yield of 0.75%. The ex-dividend date is Thursday, August 17th. ICG Enterprise Trust’s dividend payout ratio is 1,625.00%.
ICG Enterprise Trust Company Profile
ICG Enterprise Trust PLC specializes in direct and fund of funds investments. The fund does not make venture capital investments in startups or early stage funds. The fund also provides growth capital. In direct co-investments, the fund invests in buyouts of mature companies. For fund of fund investments, the fund seeks to invest in primary funds, secondary fund purchases, private equity buyout funds, growth capital funds, and mezzanine funds.
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