CT Private Equity Trust (LON:CTPE) Reaches New 1-Year High – Should You Buy?

CT Private Equity Trust PLC (LON:CTPE) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 493 ($6.18) and last traded at GBX 493 ($6.18), with a volume of 47370 shares traded. The stock had previously closed at GBX 486.50 ($6.10).

CT Private Equity Trust Stock Up 1.3 %

The company has a current ratio of 0.10, a quick ratio of 0.62 and a debt-to-equity ratio of 19.00. The stock has a 50-day simple moving average of GBX 449.31 and a 200-day simple moving average of GBX 450.99. The company has a market cap of £352.50 million, a price-to-earnings ratio of 2,594.74 and a beta of 0.75.

CT Private Equity Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be paid a GBX 7.01 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a yield of 1.55%. CT Private Equity Trust’s dividend payout ratio is currently 14,736.84%.

Insiders Place Their Bets

In other CT Private Equity Trust news, insider Richard Gray bought 4,838 shares of the firm’s stock in a transaction that occurred on Thursday, November 28th. The stock was purchased at an average price of GBX 451 ($5.65) per share, for a total transaction of £21,819.38 ($27,352.86). Corporate insiders own 9.46% of the company’s stock.

About CT Private Equity Trust

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.