HgCapital Trust (LON:HGT) Hits New 52-Week High – Here’s What Happened

HgCapital Trust plc (LON:HGT)’s share price hit a new 52-week high on Monday . The stock traded as high as GBX 550 ($6.93) and last traded at GBX 544 ($6.85), with a volume of 413181 shares. The stock had previously closed at GBX 537 ($6.76).

HgCapital Trust Stock Up 1.9 %

The firm has a fifty day moving average price of GBX 514.55 and a 200 day moving average price of GBX 506.02. The company has a quick ratio of 274.70, a current ratio of 131.50 and a debt-to-equity ratio of 6.58. The company has a market cap of £2.50 billion, a P/E ratio of 1,080.00 and a beta of 0.44.

HgCapital Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 26th were given a GBX 2 ($0.03) dividend. This represents a yield of 0.39%. The ex-dividend date of this dividend was Thursday, September 26th. HgCapital Trust’s dividend payout ratio (DPR) is presently 1,400.00%.

Insider Activity

In other news, insider Richard J. Brooman bought 4,000 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average cost of GBX 498 ($6.27) per share, for a total transaction of £19,920 ($25,085.00). 8.44% of the stock is currently owned by insiders.

About HgCapital Trust

Hg Capital Trust plc 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.