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

CT Private Equity Trust PLC (LON:CTPE) fell 1.6% during trading on Thursday . The company traded as low as GBX 494 and last traded at GBX 500. 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 Stock Down 0.4%

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 50 day simple moving average of GBX 493.26 and a two-hundred day simple moving average of GBX 497.55. The firm has a market capitalization of £355.96 million, a P/E ratio of 14.52 and a beta of 0.95.

CT Private Equity Trust (LON:CTPE) last released 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 net margin of 65.42% and a return on equity of 4.94%. The firm had revenue of GBX 123 million for the quarter.

Insider Transactions at CT Private Equity Trust

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

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.