HgCapital Trust (LON:HGT) Share Price Passes Below 200-Day Moving Average – Should You Sell?

HgCapital Trust plc (LON:HGT) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 519.14 ($6.42) and traded as low as GBX 515 ($6.36). HgCapital Trust shares last traded at GBX 519 ($6.41), with a volume of 500,617 shares trading hands.

HgCapital Trust Trading Up 0.5 %

The business has a 50 day simple moving average of GBX 522.87 and a two-hundred day simple moving average of GBX 519.14. The company has a current ratio of 131.50, a quick ratio of 274.70 and a debt-to-equity ratio of 6.58. The company has a market cap of £2.39 billion, a PE ratio of 1,043.05 and a beta of 0.44.

About HgCapital Trust

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.