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HgCapital Trust (LON:HGT) Shares Cross Above 200-Day Moving Average - Here's What Happened

HgCapital Trust logo with Financial Services background

HgCapital Trust plc (LON:HGT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 502.36 ($6.46) and traded as high as GBX 541 ($6.96). HgCapital Trust shares last traded at GBX 534 ($6.87), with a volume of 1,323,648 shares traded.

HgCapital Trust Stock Down 0.4 %

The stock has a market capitalization of £2.44 billion, a price-to-earnings ratio of 1,063.26 and a beta of 0.44. The company has a debt-to-equity ratio of 6.58, a current ratio of 131.50 and a quick ratio of 274.70. The firm has a 50 day simple moving average of GBX 510.31 and a 200-day simple moving average of GBX 502.58.

HgCapital Trust Cuts Dividend

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

Insider Transactions at HgCapital Trust

In related news, insider Richard J. Brooman bought 4,000 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The shares were acquired at an average price of GBX 498 ($6.41) per share, for a total transaction of £19,920 ($25,633.77). 8.44% of the stock is currently owned by insiders.

HgCapital Trust Company Profile

(Get Free Report)

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.

Further Reading

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