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

Patria Private Equity Trust (LON:PPETGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 642 and last traded at GBX 642, with a volume of 63562 shares. The stock had previously closed at GBX 630.

Patria Private Equity Trust Stock Performance

The firm has a market capitalization of £939.09 million and a PE ratio of 8.54. The business has a fifty day simple moving average of GBX 607.60.

Patria Private Equity Trust (LON:PPETGet Free Report) last announced its quarterly earnings data on Monday, June 29th. The company reported GBX 1.95 earnings per share for the quarter.

About Patria Private Equity Trust

(Get Free Report)

Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.

The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.

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