CT Private Equity Trust (LON:CTPE) Announces Quarterly Earnings Results

CT Private Equity Trust (LON:CTPE) issued its quarterly earnings results on Thursday. The company reported GBX 0.82 EPS for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 4.67% and a net margin of 64.00%.The firm had revenue of GBX 123 million for the quarter.

CT Private Equity Trust Stock Up 0.4%

CT Private Equity Trust stock opened at GBX 474 on Thursday. The company has a market cap of £338.92 million, a price-to-earnings ratio of 14.65 and a beta of 0.96. The firm’s fifty day moving average is GBX 476.78 and its 200 day moving average is GBX 508.37. CT Private Equity Trust has a 52-week low of GBX 439.84 and a 52-week high of GBX 592.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating on shares of CT Private Equity Trust in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, CT Private Equity Trust has a consensus rating of “Buy”.

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.