CT Private Equity Trust (LON:CTPE) Trading Down 1.6% – Should You Sell?

CT Private Equity Trust PLC (LON:CTPE)’s share price fell 1.6% during trading on Thursday . The stock traded as low as GBX 494 and last traded at GBX 500. Approximately 30,974 shares were traded during trading, a decline of 70% from the average session volume of 102,937 shares. The stock had previously closed at GBX 508.

CT Private Equity Trust Stock Up 2.4%

The business has a 50-day simple moving average of GBX 493.64 and a two-hundred day simple moving average of GBX 497.65. The stock has a market capitalization of £365.79 million, a P/E ratio of 14.92 and a beta of 0.95. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 20.11.

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

Insiders Place Their Bets

In other news, insider Craig Armour acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was bought at an average price of GBX 493 per share, with a total value of £24,650. Corporate insiders own 0.40% of the company’s stock.

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.