ICG Enterprise Trust (LON:ICGT) Shares Down 0.3% – What’s Next?

Shares of ICG Enterprise Trust PLC (LON:ICGT) fell 0.3% during trading on Tuesday . The stock traded as low as GBX 1,225.39 ($15.89) and last traded at GBX 1,230.53 ($15.96). Approximately 221,465 shares were traded during trading, an increase of 85% from the average daily volume of 119,754 shares. The stock had previously closed at GBX 1,234 ($16.00).

ICG Enterprise Trust Stock Down 0.2 %

The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.35 and a current ratio of 0.48. The firm has a market capitalization of £805.11 million, a P/E ratio of 4,676.92 and a beta of 0.85. The business’s fifty day moving average price is GBX 1,204.87 and its two-hundred day moving average price is GBX 1,229.66.

ICG Enterprise Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be paid a dividend of GBX 8.50 ($0.11) per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 0.72%. ICG Enterprise Trust’s dividend payout ratio (DPR) is 13,076.92%.

ICG Enterprise Trust Company Profile

ICG Enterprise Trust PLC specializes in direct and fund of funds investments. The fund does not make venture capital investments in startups or early stage funds. The fund also provides growth capital. In direct co-investments, the fund invests in buyouts of mature companies. For fund of fund investments, the fund seeks to invest in primary funds, secondary fund purchases, private equity buyout funds, growth capital funds, and mezzanine funds.