ICG Enterprise Trust (LON:ICGT) Stock Price Up 0.5%

ICG Enterprise Trust PLC (LON:ICGT) shares shot up 0.5% on Monday . The company traded as high as GBX 1,207.50 ($15.79) and last traded at GBX 1,188 ($15.54). 129,379 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 119,394 shares. The stock had previously closed at GBX 1,182 ($15.46).

ICG Enterprise Trust Stock Up 0.5 %

The company has a market cap of £776.36 million, a price-to-earnings ratio of 4,569.23 and a beta of 0.85. 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 stock’s fifty day moving average is GBX 1,269.11 and its two-hundred day moving average is GBX 1,235.27.

ICG Enterprise Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a GBX 8.50 ($0.11) dividend. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend was Thursday, August 15th. ICG Enterprise Trust’s dividend payout ratio (DPR) is presently 13,076.92%.

About ICG Enterprise Trust

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.