CT Private Equity Trust (LON:CTPE) Share Price Crosses Below 50 Day Moving Average – Here’s Why

CT Private Equity Trust PLC (LON:CTPE)’s stock price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 467.84 and traded as low as GBX 460. CT Private Equity Trust shares last traded at GBX 467, with a volume of 46,970 shares trading hands.

CT Private Equity Trust Stock Up 0.2%

The company has a debt-to-equity ratio of 23.96, a quick ratio of 0.62 and a current ratio of 6.25. The firm has a market capitalization of £333.79 million, a PE ratio of 9.54 and a beta of 0.90. The company’s 50 day simple moving average is GBX 467.84 and its 200-day simple moving average is GBX 490.75.

CT Private Equity Trust (LON:CTPE) last issued its quarterly earnings data on Friday, August 28th. The company reported GBX 0.70 EPS for the quarter. CT Private Equity Trust had a return on equity of 7.01% and a net margin of 73.44%.

CT Private Equity Trust Company Profile

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.