CT Private Equity Trust (LON:CTPE) Posts Earnings Results

CT Private Equity Trust (LON:CTPE) announced its earnings results on Thursday. The company reported GBX 0.82 earnings per share for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 4.67% and a net margin of 64.00%.The business had revenue of GBX 123 million during the quarter.

CT Private Equity Trust Trading Up 1.3%

CTPE stock opened at GBX 478 on Thursday. CT Private Equity Trust has a 12-month low of GBX 439.84 and a 12-month high of GBX 592. The stock has a market cap of £341.78 million, a price-to-earnings ratio of 14.78 and a beta of 0.96. The business’s 50-day moving average is GBX 476.78 and its 200 day moving average is GBX 508.37.

Analyst Ratings Changes

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

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.