ICG Enterprise Trust (LON:ICGT) Trading Down 0.8% – Here’s Why

Posted by Alanna Baker on Dec 12th, 2024

ICG Enterprise Trust PLC (LON:ICGT – Get Free Report) traded down 0.8% during mid-day trading on Tuesday . The company traded as low as GBX 1,300.32 ($16.59) and last traded at GBX 1,308 ($16.69). 40,222 shares changed hands during trading, a decline of 66% from the average session volume of 117,971 shares. The stock had previously closed at GBX 1,318 ($16.81).

ICG Enterprise Trust Price Performance

The company has a market capitalization of £861.31 million, a PE ratio of 5,035.00 and a beta of 0.85. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 1.56. The firm’s 50-day moving average is GBX 1,238.09 and its 200-day moving average is GBX 1,242.71.

ICG Enterprise Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were given a dividend of GBX 8.50 ($0.11) per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a dividend yield of 0.72%. ICG Enterprise Trust’s dividend payout ratio (DPR) is presently 13,076.92%.

ICG Enterprise Trust Company Profile

(Get Free Report)

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.