HgCapital Trust (LON:HGT) Posts Quarterly Earnings Results

HgCapital Trust (LON:HGT) posted its quarterly earnings data on Monday. The investment trust reported GBX 4.77 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. HgCapital Trust had a net margin of 91.03% and a return on equity of 11.93%.

HgCapital Trust Stock Performance

Shares of HGT stock traded up GBX 3.65 ($0.05) during mid-day trading on Wednesday, reaching GBX 519.65 ($6.73). 126,044 shares of the company’s stock traded hands, compared to its average volume of 533,900. The firm has a market capitalization of £2.41 billion, a PE ratio of 8.59 and a beta of 0.44. HgCapital Trust has a 12 month low of GBX 446 ($5.77) and a 12 month high of GBX 550 ($7.12). The firm has a 50 day moving average price of GBX 521.34 and a two-hundred day moving average price of GBX 520.08.

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.