CT Private Equity Trust (LON:CTPE) Trading Down 1.6% – What’s Next?

CT Private Equity Trust PLC (LON:CTPE) shares traded down 1.6% during trading on Thursday . The company traded as low as GBX 494 and last traded at GBX 500. Approximately 30,974 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 102,937 shares. The stock had previously closed at GBX 508.

CT Private Equity Trust Price Performance

The company has a current ratio of 1.33, a quick ratio of 0.62 and a debt-to-equity ratio of 20.11. The company has a market cap of £355.96 million, a PE ratio of 14.52 and a beta of 0.95. The firm has a 50 day moving average of GBX 493.26 and a two-hundred day moving average of GBX 497.55.

CT Private Equity Trust (LON:CTPE) last announced its quarterly earnings data on Thursday, May 28th. The company reported GBX 0.82 earnings per share (EPS) for the quarter. CT Private Equity Trust had a return on equity of 4.94% and a net margin of 65.42%.The business had revenue of GBX 123 million during the quarter.

Insider Buying and Selling

In other news, insider Craig Armour purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average price of GBX 493 per share, for a total transaction of £24,650. Company insiders own 0.40% 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.