ICG Enterprise Trust (LON:ICGT) Trading Up 1.5% – Still a Buy?

ICG Enterprise Trust PLC (LON:ICGT) shares were up 1.5% during trading on Monday . The company traded as high as GBX 1,258 ($16.80) and last traded at GBX 1,256 ($16.78). Approximately 33,819 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 77,451 shares. The stock had previously closed at GBX 1,238 ($16.54).

ICG Enterprise Trust Stock Performance

The company has a debt-to-equity ratio of 7.33, a quick ratio of 0.35 and a current ratio of 0.12. The stock’s 50-day moving average is GBX 1,201.06 and its 200 day moving average is GBX 1,264.35. The firm has a market cap of £811.73 million, a P/E ratio of 25.08 and a beta of 0.85.

ICG Enterprise Trust (LON:ICGT) last released its earnings results on Thursday, May 8th. The company reported GBX (4.49) (($0.06)) earnings per share (EPS) for the quarter. ICG Enterprise Trust had a return on equity of 2.61% and a net margin of 58.54%. On average, research analysts predict that ICG Enterprise Trust PLC will post 1077.9999779 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Janine Nicholls bought 1,605 shares of the stock in a transaction on Friday, April 4th. The stock was purchased at an average price of GBX 1,210 ($16.16) per share, for a total transaction of £19,420.50 ($25,938.96). Corporate insiders own 12.27% of the company’s stock.

ICG Enterprise Trust Company Profile

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.