Patria Private Equity Trust (LON:PPET) Announces Quarterly Earnings Results

Patria Private Equity Trust (LON:PPET) posted its earnings results on Monday. The company reported GBX 1.95 earnings per share for the quarter, Digital Look Earnings reports.

Patria Private Equity Trust Stock Performance

Shares of Patria Private Equity Trust stock traded down GBX 7.51 during trading hours on Friday, hitting GBX 634.49. The company’s stock had a trading volume of 41,005 shares, compared to its average volume of 357,342. The company has a market cap of £928.11 million and a PE ratio of 8.44. Patria Private Equity Trust has a twelve month low of GBX 524 and a twelve month high of GBX 642. The company’s fifty day simple moving average is GBX 608.32.

About Patria Private Equity Trust

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.