CT Private Equity Trust (LON:CTPE) Insider Craig Armour Buys 5,000 Shares

CT Private Equity Trust PLC (LON:CTPE) insider Craig Armour bought 5,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was acquired at an average cost of GBX 493 per share, with a total value of £24,650.

CT Private Equity Trust Stock Up 0.2%

CTPE stock traded up GBX 1 during trading hours on Tuesday, hitting GBX 494. The company’s stock had a trading volume of 73,259 shares, compared to its average volume of 115,092. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 20.11. The company has a market capitalization of £353.22 million, a PE ratio of 15.27 and a beta of 0.96. CT Private Equity Trust PLC has a 12 month low of GBX 439.84 and a 12 month high of GBX 592. The stock has a 50 day moving average price of GBX 477.24 and a two-hundred day moving average price of GBX 508.65.

CT Private Equity Trust (LON:CTPE) last posted its earnings results on Thursday, May 28th. The company reported GBX 0.82 EPS for the quarter. The company had revenue of GBX 123 million during the quarter. CT Private Equity Trust had a net margin of 65.42% and a return on equity of 4.94%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating on shares of CT Private Equity Trust in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, CT Private Equity Trust currently has a consensus rating of “Buy”.

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.