ICG Enterprise Trust (LON:ICGT) Sets New 1-Year High at $1,280.00

ICG Enterprise Trust PLC (LON:ICGT)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,280 ($16.40) and last traded at GBX 1,280 ($16.40), with a volume of 54956 shares trading hands. The stock had previously closed at GBX 1,260 ($16.14).

ICG Enterprise Trust Stock Performance

The business has a 50 day simple moving average of GBX 1,221.76 and a 200 day simple moving average of GBX 1,214.03. The company has a quick ratio of 0.35, a current ratio of 0.48 and a debt-to-equity ratio of 1.56. The company has a market capitalization of £844.42 million, a PE ratio of 4,857.06 and a beta of 0.81.

ICG Enterprise Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be paid a GBX 8.50 ($0.11) dividend. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 15th. ICG Enterprise Trust’s dividend payout ratio (DPR) is presently 13,846.15%.

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.