Richard J. Brooman Acquires 4,000 Shares of HgCapital Trust plc (LON:HGT) Stock

HgCapital Trust plc (LON:HGT) insider Richard J. Brooman bought 4,000 shares of HgCapital Trust stock in a transaction that occurred on Tuesday, September 24th. The stock was purchased at an average cost of GBX 498 ($6.67) per share, with a total value of £19,920 ($26,673.81).

HgCapital Trust Price Performance

Shares of HGT stock traded up GBX 1.50 ($0.02) during mid-day trading on Tuesday, reaching GBX 499.50 ($6.69). The company’s stock had a trading volume of 634,899 shares, compared to its average volume of 761,313. The firm’s 50-day moving average is GBX 516.58 and its two-hundred day moving average is GBX 492.79. The company has a market cap of £2.29 billion, a P/E ratio of 996.00 and a beta of 0.44. HgCapital Trust plc has a 1-year low of GBX 360 ($4.82) and a 1-year high of GBX 550 ($7.36). The company has a debt-to-equity ratio of 6.58, a quick ratio of 274.70 and a current ratio of 131.50.

HgCapital Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 2 ($0.03) per share. This represents a yield of 0.39%. The ex-dividend date is Thursday, September 26th. HgCapital Trust’s dividend payout ratio is 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.