CT Private Equity Trust (LON:CTPE) Trading Down 0.8% – What’s Next?

CT Private Equity Trust PLC (LON:CTPEGet Free Report) shares fell 0.8% on Thursday . The company traded as low as GBX 490.18 and last traded at GBX 492. 38,761 shares changed hands during trading, a decline of 57% from the average session volume of 89,461 shares. The stock had previously closed at GBX 496.

CT Private Equity Trust Price Performance

The firm has a market capitalization of £343.21 million, a P/E ratio of 61.54 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 544.31 and its 200 day simple moving average is GBX 505.97. The company has a debt-to-equity ratio of 24.40, a quick ratio of 0.62 and a current ratio of 6.99.

Insider Buying and Selling

In other news, insider Jane Routledge bought 3,571 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was acquired at an average cost of GBX 560 per share, with a total value of £19,997.60. 0.39% of the stock is owned by insiders.

About CT Private Equity Trust

(Get Free Report)

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.

Further Reading

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