HgCapital Trust (LON:HGT) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

HgCapital Trust plc (LON:HGT)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 499.40 ($6.48) and traded as high as GBX 519 ($6.74). HgCapital Trust shares last traded at GBX 518 ($6.73), with a volume of 1,035,316 shares.

HgCapital Trust Stock Performance

The company has a debt-to-equity ratio of 6.58, a quick ratio of 274.70 and a current ratio of 131.50. The stock has a market cap of £2.37 billion, a PE ratio of 1,036.00 and a beta of 0.44. The company’s 50-day moving average price is GBX 512.65 and its two-hundred day moving average price is GBX 499.40.

HgCapital Trust Cuts Dividend

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

Insider Transactions at HgCapital Trust

In other news, insider Richard J. Brooman acquired 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were bought at an average cost of GBX 498 ($6.47) per share, with a total value of £19,920 ($25,863.41). Company insiders own 8.44% of the company’s stock.

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.