ICG Enterprise Trust (LON:ICGT) Shares Cross Above 50 Day Moving Average – Here’s Why

ICG Enterprise Trust PLC (LON:ICGT – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of GBX 1,405.87 and traded as high as GBX 1,408. ICG Enterprise Trust shares last traded at GBX 1,408, with a volume of 156,860 shares.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of ICG Enterprise Trust in a report on Thursday, October 8th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

View Our Latest Stock Report on ICG Enterprise Trust

ICG Enterprise Trust Stock Performance

The stock has a 50-day simple moving average of GBX 1,403.87 and a 200-day simple moving average of GBX 1,410.21. The company has a debt-to-equity ratio of 6.75, a current ratio of 0.23 and a quick ratio of 0.34. The stock has a market cap of £831.35 million, a PE ratio of 20.45 and a beta of 1.06.

Insider Buying and Selling at ICG Enterprise Trust

In other news, insider Jane Tufnell bought 1,975 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average price of GBX 1,464 per share, for a total transaction of £28,914. 0.86% of the stock is owned by corporate insiders.

About ICG Enterprise Trust

(Get Free Report)

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.

Further Reading

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