HgCapital Trust (LON:HGT) Share Price Crosses Above 200 Day Moving Average of $418.26

HgCapital Trust (LON:HGT) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 418.26 ($5.25) and traded as high as GBX 478 ($6.00). HgCapital Trust shares last traded at GBX 477.50 ($5.99), with a volume of 361,477 shares trading hands.

HgCapital Trust Stock Performance

The company has a debt-to-equity ratio of 6.58, a quick ratio of 274.70 and a current ratio of 81.78. The company has a market capitalization of £2.19 billion, a P/E ratio of 1,290.54 and a beta of 0.43. The business’s fifty day simple moving average is GBX 447.48 and its 200-day simple moving average is GBX 418.26.

HgCapital Trust Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, March 21st will be paid a GBX 4.50 ($0.06) dividend. This is a boost from HgCapital Trust’s previous dividend of $2.00. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, March 21st. HgCapital Trust’s dividend payout ratio (DPR) is presently 1,891.89%.

About HgCapital Trust

Hg Capital Trust plc 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.