HgCapital Trust (LON:HGT) Stock Price Passes Above Two Hundred Day Moving Average of $429.75

HgCapital Trust (LON:HGT)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 429.75 ($5.40) and traded as high as GBX 484 ($6.08). HgCapital Trust shares last traded at GBX 480 ($6.03), with a volume of 564,173 shares.

HgCapital Trust Stock Down 0.0 %

The company has a current ratio of 131.50, a quick ratio of 274.70 and a debt-to-equity ratio of 6.58. The firm has a market cap of £2.20 billion, a price-to-earnings ratio of 960.00 and a beta of 0.44. The firm’s 50 day simple moving average is GBX 466.86 and its two-hundred day simple moving average is GBX 429.75.

HgCapital Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, March 21st will be issued a GBX 4.50 ($0.06) dividend. This is a positive change from HgCapital Trust’s previous dividend of $2.00. This represents a yield of 0.98%. The ex-dividend date is Thursday, March 21st. HgCapital Trust’s dividend payout ratio (DPR) is currently 1,400.00%.

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.