CT Private Equity Trust (LON:CTPE) Stock Price Up 2.3% – Still a Buy?

CT Private Equity Trust PLC (LON:CTPE)’s share price was up 2.3% during mid-day trading on Friday. The company traded as high as GBX 471 and last traded at GBX 464.36. Approximately 47,323 shares changed hands during trading, a decline of 51% from the average daily volume of 97,121 shares. The stock had previously closed at GBX 454.

CT Private Equity Trust Stock Up 2.3%

The company has a debt-to-equity ratio of 23.96, a current ratio of 6.25 and a quick ratio of 0.62. The company’s 50-day simple moving average is GBX 480.99 and its 200 day simple moving average is GBX 483.36. The firm has a market cap of £331.19 million, a P/E ratio of 9.47 and a beta of 0.90.

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 net margin of 73.44% and a return on equity of 7.01%.

About CT Private Equity Trust

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.