HgCapital Trust (LON:HGT) Sets New 12-Month Low – Here’s What Happened

HgCapital Trust plc (LON:HGT)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as GBX 365.50 and last traded at GBX 372, with a volume of 428151 shares changing hands. The stock had previously closed at GBX 370.

HgCapital Trust Price Performance

The firm has a market cap of £1.67 billion, a PE ratio of 17.17 and a beta of 0.42. The firm has a 50-day simple moving average of GBX 409.40 and a 200 day simple moving average of GBX 463.06.

HgCapital Trust (LON:HGT) last announced its quarterly earnings data on Monday, March 9th. The investment trust reported GBX 3.13 EPS for the quarter. HgCapital Trust had a return on equity of 3.90% and a net margin of 88.67%.

Insider Transactions at HgCapital Trust

In related news, insider Pilar Junco purchased 10,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of GBX 419 per share, with a total value of £41,900. Also, insider Richard J. Brooman purchased 5,500 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was bought at an average cost of GBX 427 per share, for a total transaction of £23,485. Over the last 90 days, insiders purchased 49,341 shares of company stock worth $20,954,941. Company insiders own 0.19% of the company’s stock.

About HgCapital Trust

HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of +58 private companies sourced by Hg. Value is created through implementing an investment strategy focused on software and business service companies with resilient, recurring revenue streams and from leveraging the network and expertise of Hg to support management teams to deliver the full potential of their respective businesses.
Hg brings to HgT an experienced team of c.430 employees, including >250 investment and other professional executives, supported by a network of portfolio partners, all of them seasoned senior managers from across industry, who work with the management teams of the companies in which we are invested to create value for shareholders.
At the centre of this network, Hg builds and shares knowledge and expertise by facilitating the active collaboration of management teams across sector clusters and geographies.
HgT’s funds are invested pro rata alongside those of Hg’s other institutional clients.