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

HgCapital Trust (LON:HGT) crossed 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 changing hands.

HgCapital Trust Price Performance

The stock has a market cap of £2.25 billion, a P/E ratio of 986.00 and a beta of 0.44. The company has a quick ratio of 274.70, a current ratio of 131.50 and a debt-to-equity ratio of 6.58. The business’s 50-day simple moving average is GBX 472.84 and its two-hundred day simple moving average is GBX 434.17.

HgCapital Trust Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, March 21st will be paid a dividend of GBX 4.50 ($0.06) per share. 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 is presently 1,400.00%.

HgCapital Trust Company Profile

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.