HgCapital Trust (LON:HGT) Share Price Crosses Below 200 Day Moving Average of $385.73

Shares of HgCapital Trust plc (LON:HGTGet Rating) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 385.73 ($4.66) and traded as low as GBX 364.50 ($4.40). HgCapital Trust shares last traded at GBX 369.50 ($4.46), with a volume of 292,373 shares.

HgCapital Trust Trading Down 1.5 %

The company has a market cap of £1.69 billion and a P/E ratio of 479.87. The company has a quick ratio of 274.70, a current ratio of 278.16 and a debt-to-equity ratio of 6.70. The business has a 50-day moving average price of GBX 369.05 and a two-hundred day moving average price of GBX 385.73.

HgCapital Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, October 24th. Stockholders of record on Thursday, September 22nd will be given a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a dividend yield of 0.67%. HgCapital Trust’s payout ratio is currently 6.49%.

Insider Transactions at HgCapital Trust

In other news, insider Jim Strang bought 28,250 shares of the company’s stock in a transaction dated Monday, July 4th. The stock was bought at an average price of GBX 318 ($3.84) per share, for a total transaction of £89,835 ($108,548.82). In related news, insider Richard J. Brooman acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, July 1st. The stock was acquired at an average price of GBX 325 ($3.93) per share, for a total transaction of £16,250 ($19,635.09). Also, insider Jim Strang acquired 28,250 shares of the company’s stock in a transaction that occurred on Monday, July 4th. The stock was bought at an average price of GBX 318 ($3.84) per share, with a total value of £89,835 ($108,548.82).

About HgCapital Trust

(Get Rating)

HgCapital Trust plc 2017 specializes in direct, quoted and unquoted companies and fund of funds investments. The funds maximum exposure to unlisted investments is 100% of the gross assets and single investment in an unlisted company or closed-ended investments fund, whether made directly or indirectly, will exceed a maximum of 15% of gross assets.

Further Reading

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