CT Private Equity Trust (LON:CTPE) Shares Up 3.5% – Should You Buy?

CT Private Equity Trust PLC (LON:CTPE)’s stock price shot up 3.5% on Thursday . The company traded as high as GBX 474 and last traded at GBX 474. 50,668 shares were traded during trading, a decline of 56% from the average session volume of 116,194 shares. The stock had previously closed at GBX 458.

Analyst Ratings Changes

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

CT Private Equity Trust Trading Down 0.9%

The stock has a market capitalization of £331.06 million, a price-to-earnings ratio of 14.31 and a beta of 0.96. The stock’s 50 day moving average is GBX 477.69 and its 200 day moving average is GBX 508.58.

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.