Intermediate Capital Group (OTCMKTS:ICGUF) Trading Down 21.6% – Here’s What Happened

by · The Cerbat Gem

Shares of Intermediate Capital Group plc (OTCMKTS:ICGUF – Get Free Report) traded down 21.6% during trading on Wednesday . The stock traded as low as $20.65 and last traded at $20.65. 232 shares changed hands during trading, an increase of 74% from the average session volume of 133 shares. The stock had previously closed at $26.35.

Intermediate Capital Group Stock Performance

The firm’s 50 day moving average price is $27.06 and its 200-day moving average price is $27.23.

Intermediate Capital Group Company Profile

(Get Free Report)

Intermediate Capital Group plc (OTCMKTS:ICGUF) is a specialist asset manager providing flexible private capital solutions to support companies and fund managers globally. Founded in 1989 and headquartered in London, the firm offers a diversified range of investment strategies spanning private debt, credit, real estate, infrastructure and private equity. Through tailored financing structures, ICG works alongside mid-market and large corporations to deliver direct lending, debt refinancing, equity co-investments and bespoke portfolio solutions.

ICG’s private debt and credit platform encompasses senior and subordinated loans, unitranche financing, mezzanine debt and special situations across developed and emerging markets.

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