ICG Enterprise Trust (LON:ICGT) Trading Down 0.6% – Time to Sell?

Shares of ICG Enterprise Trust PLC (LON:ICGTGet Free Report) dropped 0.6% during trading on Friday . The stock traded as low as GBX 1,396 and last traded at GBX 1,396. Approximately 17,869 shares traded hands during trading, a decline of 82% from the average daily volume of 100,082 shares. The stock had previously closed at GBX 1,404.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “hold” rating on shares of ICG Enterprise Trust in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Research Report on ICGT

ICG Enterprise Trust Trading Down 0.6%

The company has a market capitalization of £849.33 million, a price-to-earnings ratio of -104.57 and a beta of 1.06. The company has a 50-day moving average price of GBX 1,391.38 and a 200-day moving average price of GBX 1,411.71. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 5.23.

ICG Enterprise Trust (LON:ICGTGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported GBX (3.55) earnings per share for the quarter. ICG Enterprise Trust had a negative return on equity of 0.66% and a negative net margin of 52.20%.The business had revenue of GBX 231 million for the quarter. Research analysts predict that ICG Enterprise Trust PLC will post 1077.9999779 EPS for the current fiscal year.

Insider Buying and Selling

In other ICG Enterprise Trust news, insider Alastair Bruce purchased 711 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was bought at an average cost of GBX 1,406 per share, for a total transaction of £9,996.66. 0.83% of the stock is currently 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.

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