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

Patria Private Equity Trust (LON:PPET) announced its quarterly 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 Down 3.7%

Shares of LON PPET traded down GBX 24 during midday trading on Friday, hitting GBX 618. 31,596 shares of the company’s stock were exchanged, compared to its average volume of 357,267. Patria Private Equity Trust has a 12 month low of GBX 524 and a 12 month high of GBX 642. The business has a 50 day moving average of GBX 608.60. The company has a market capitalization of £903.98 million and a price-to-earnings ratio of 8.22.

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.