ICG Enterprise Trust (LON:ICGT) Shares Down 1.7% – Time to Sell?

Shares of ICG Enterprise Trust PLC (LON:ICGT) dropped 1.7% on Thursday . The company traded as low as GBX 1,410 and last traded at GBX 1,410. Approximately 18,120 shares traded hands during trading, a decline of 80% from the average session volume of 92,726 shares. The stock had previously closed at GBX 1,434.

ICG Enterprise Trust Stock Down 1.7%

The firm has a market cap of £854.60 million, a PE ratio of -105.62 and a beta of 1.04. The company has a debt-to-equity ratio of 5.23, a quick ratio of 0.34 and a current ratio of 0.51. The firm’s 50-day moving average price is GBX 1,444.53 and its two-hundred day moving average price is GBX 1,399.60.

Insider Buying and Selling at ICG Enterprise Trust

In related news, insider Jane Tufnell purchased 1,975 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were purchased at an average cost of GBX 1,464 per share, for a total transaction of £28,914. Also, insider Alastair Bruce purchased 711 shares of ICG Enterprise Trust stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average cost of GBX 1,406 per share, with a total value of £9,996.66. Insiders have purchased a total of 7,048 shares of company stock worth $10,085,106 over the last quarter. 0.85% of the stock is owned by company insiders.

ICG Enterprise Trust Company Profile

ICG Enterprise Trust is focused exclusively on investing in buyouts in North America and Europe. Through our experience, global network and focus on defensive growth, we seek to deliver attractive long-term returns.