Patria Private Equity Trust (LON:PPET – Get Free Report)’s share price fell 0.3% during trading on Thursday. The stock traded as low as GBX 584 and last traded at GBX 600. Approximately 121,790 shares were traded during mid-day trading, a decline of 52% from the average session volume of 255,613 shares. The stock had previously closed at GBX 602.
Patria Private Equity Trust Trading Down 0.3%
The company’s 50-day moving average price is GBX 600.96 and its two-hundred day moving average price is GBX 603.24. The company has a market cap of £871.09 million and a P/E ratio of 7.40.
Patria Private Equity Trust Company Profile
Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.
The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.
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