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

CT Private Equity Trust PLC (LON:CTPE)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 564 and last traded at GBX 564, with a volume of 141890 shares changing hands. The stock had previously closed at GBX 558.

CT Private Equity Trust Stock Up 1.4%

The stock has a market capitalization of £404.71 million, a P/E ratio of 72.56 and a beta of 0.75. The stock has a 50 day simple moving average of GBX 515.64 and a two-hundred day simple moving average of GBX 489.65.

Insider Buying and Selling at CT Private Equity Trust

In related news, insider Jane Routledge bought 3,571 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was purchased at an average cost of GBX 560 per share, for a total transaction of £19,997.60. Insiders own 0.38% of the company’s stock.

CT Private Equity Trust Company Profile

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.