CT Private Equity Trust (LON:CTPE) Sets New 1-Year High – What’s Next?

CT Private Equity Trust PLC (LON:CTPE)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 560 and last traded at GBX 558, with a volume of 173036 shares changing hands. The stock had previously closed at GBX 558.

CT Private Equity Trust Price Performance

The firm has a market cap of £400.42 million, a P/E ratio of 71.79 and a beta of 0.75. The firm’s 50-day moving average price is GBX 503.25 and its 200 day moving average price is GBX 484.41.

About CT Private Equity Trust

We invest in high-quality smaller and mid-sized private companies selected by experienced Private Equity managers, mainly across the UK and Europe, that typically demonstrate strong growth, profitability, and sound management. Our diversified strategy means that we are invested in over 500 companies with 50 carefully selected PE managers, reducing risk and helping us find the best small and mid-size growth companies.

Our fund manager, Hamish Mair, has managed the trust’s investments since launch over 25 years ago.