Intermediate Capital Group (LON:ICP) Share Price Crosses Above 200-Day Moving Average of $1,256.63

Intermediate Capital Group plc (LON:ICP – Get Rating) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,256.63 ($15.86) and traded as high as GBX 1,297.50 ($16.37). Intermediate Capital Group shares last traded at GBX 1,287.50 ($16.25), with a volume of 601,083 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ICP shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,029 ($25.60) price target on shares of Intermediate Capital Group in a research note on Tuesday, February 21st. Shore Capital raised Intermediate Capital Group to a “buy” rating in a research note on Thursday, March 16th.

Intermediate Capital Group Trading Up 0.9 %

The firm has a market capitalization of £3.74 billion, a P/E ratio of 1,159.91, a price-to-earnings-growth ratio of -2.30 and a beta of 1.95. The company has a debt-to-equity ratio of 101.05, a quick ratio of 1.38 and a current ratio of 2.09. The firm has a 50 day moving average price of GBX 1,257.27 and a two-hundred day moving average price of GBX 1,256.63.

Insider Transactions at Intermediate Capital Group

In related news, insider Michael (Rusty) Nelligan acquired 6,000 shares of Intermediate Capital Group stock in a transaction dated Friday, March 3rd. The stock was acquired at an average cost of GBX 1,391 ($17.55) per share, with a total value of £83,460 ($105,312.30). Corporate insiders own 1.37% of the company’s stock.

Intermediate Capital Group Company Profile

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Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, credit and equity investments. It invests in middle market, mature, growth capital, reinvestment, industry consolidations, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted company finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.