HgCapital Trust plc (LON:HGT – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 520.20 ($6.72) and traded as high as GBX 531 ($6.86). HgCapital Trust shares last traded at GBX 531 ($6.86), with a volume of 233,711 shares trading hands.
HgCapital Trust Trading Down 0.4 %
The firm’s fifty day moving average price is GBX 522.02 and its 200 day moving average price is GBX 520.31. The stock has a market capitalization of £2.45 billion, a price-to-earnings ratio of 8.75 and a beta of 0.44.
HgCapital Trust Company Profile
HgT provides investors with a unique opportunity to participate in the growth in value of a portfolio of c.50 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.
With highly predictable and stable cash flows, the top 20 businesses (representing 76% by value of HGT’s investments) reported aggregate sales of £10.6 billion and EBITDA of £3.3 billion over the last 12 months, equating to an EBITDA margin of 31%.
Hg brings to HgT an experienced team of c.400 employees, including c.
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