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

CT Private Equity Trust (LON:CTPE) issued its earnings results on Thursday. The company reported GBX 0.82 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 123 million for the quarter. CT Private Equity Trust had a return on equity of 4.67% and a net margin of 64.00%.

CT Private Equity Trust Trading Up 0.4%

CT Private Equity Trust stock opened at GBX 479.50 on Friday. CT Private Equity Trust has a 12 month low of GBX 439.84 and a 12 month high of GBX 592. The stock’s 50 day simple moving average is GBX 476.66 and its two-hundred day simple moving average is GBX 508.38. The firm has a market cap of £342.86 million, a PE ratio of 14.82 and a beta of 0.96.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating on shares of CT Private Equity Trust in a report on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

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.