Intermediate Capital Group (OTCMKTS:ICGUF) Trading Down 21.6% – Here’s What Happened

Intermediate Capital Group plc (OTCMKTS:ICGUFGet Free Report) dropped 21.6% on Wednesday . The stock traded as low as $20.65 and last traded at $20.65. Approximately 232 shares were traded during trading, an increase of 74% from the average daily volume of 133 shares. The stock had previously closed at $26.35.

Intermediate Capital Group Price Performance

The stock has a fifty day simple moving average of $26.94 and a 200-day simple moving average of $27.18.

About Intermediate Capital Group

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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.

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