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

HgCapital Trust plc (LON:HGT – Get Rating)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

HgCapital Trust Price Performance

The company has a 50 day moving average price of GBX 348.50 and a 200 day moving average price of GBX 356.10. The firm has a market cap of £1.81 billion, a PE ratio of 1,589.58 and a beta of 0.50. The company has a current ratio of 110.30, a quick ratio of 274.70 and a debt-to-equity ratio of 6.58.

HgCapital Trust Increases Dividend

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

Insider Transactions at HgCapital Trust

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

About HgCapital Trust

(Get Rating)

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.