HgCapital Trust (LON:HGT) Share Price Passes Above 200-Day Moving Average of $434.17

HgCapital Trust (LON:HGT) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 434.17 ($5.45) and traded as high as GBX 498 ($6.26). HgCapital Trust shares last traded at GBX 493 ($6.19), with a volume of 603,715 shares trading hands.

HgCapital Trust Price Performance

The business has a fifty day moving average of GBX 472.84 and a two-hundred day moving average of GBX 434.17. The company has a debt-to-equity ratio of 6.58, a quick ratio of 274.70 and a current ratio of 131.50. The firm has a market capitalization of £2.25 billion, a price-to-earnings ratio of 986.00 and a beta of 0.44.

HgCapital Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Thursday, March 21st will be given a GBX 4.50 ($0.06) dividend. The ex-dividend date is Thursday, March 21st. This is a positive change from HgCapital Trust’s previous dividend of $2.00. This represents a dividend yield of 0.98%. HgCapital Trust’s dividend payout ratio is presently 1,400.00%.

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.