CT Private Equity Trust (LON:CTPE) Releases Earnings Results

CT Private Equity Trust (LON:CTPE) released its earnings results on Friday. The company reported GBX 0.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 4.94% and a net margin of 65.42%.

CT Private Equity Trust Stock Up 1.0%

Shares of CT Private Equity Trust stock traded up GBX 5 on Friday, reaching GBX 490. 178,020 shares of the company were exchanged, compared to its average volume of 101,012. CT Private Equity Trust has a one year low of GBX 439.84 and a one year high of GBX 592. The company has a market capitalization of £350.07 million, a price-to-earnings ratio of 14.28 and a beta of 0.94. 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 moving average of GBX 495.40 and a 200 day moving average of GBX 490.43.

Insider Buying and Selling at CT Private Equity Trust

In other news, insider Craig Armour bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was acquired at an average cost 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.