HgCapital Trust (LON:HGT) Stock Price Crosses Above Two Hundred Day Moving Average of $355.92

HgCapital Trust plc (LON:HGT – Get Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 355.92 ($4.43) and traded as high as GBX 389 ($4.84). HgCapital Trust shares last traded at GBX 382 ($4.75), with a volume of 903,976 shares changing hands.

HgCapital Trust Stock Performance

The firm has a market cap of £1.81 billion, a PE ratio of 1,589.58 and a beta of 0.50. The firm has a 50-day moving average price of GBX 348.50 and a two-hundred day moving average price of GBX 356.10. The company has a quick ratio of 274.70, a current ratio of 110.30 and a debt-to-equity ratio of 6.58.

HgCapital Trust Increases Dividend

The company also recently announced a dividend, which was paid on Monday, May 22nd. Stockholders of record on Thursday, March 23rd were given a GBX 4.50 ($0.06) dividend. This represents a dividend yield of 1.34%. The ex-dividend date was Thursday, March 23rd. This is an increase from HgCapital Trust’s previous dividend of $2.50. HgCapital Trust’s dividend payout ratio (DPR) is 2,916.67%.

Insider Activity at HgCapital Trust

In related news, insider Jim Strang purchased 15,016 shares of the business’s stock in a transaction that occurred on Tuesday, March 28th. The stock was purchased at an average price of GBX 331 ($4.12) per share, with a total value of £49,702.96 ($61,819.60). In other HgCapital Trust news, insider Jim Strang bought 15,016 shares of the business’s stock in a transaction on Tuesday, March 28th. The stock was bought at an average price of GBX 331 ($4.12) per share, with a total value of £49,702.96 ($61,819.60). Also, insider Erika Schraner bought 14,148 shares of the business’s stock in a transaction on Tuesday, March 14th. The shares were acquired at an average cost of GBX 353 ($4.39) per share, with a total value of £49,942.44 ($62,117.46). Insiders own 5.41% of the company’s stock.

About HgCapital Trust

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HgCapital Trust plc 2017 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.