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

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

Patria Private Equity Trust Price Performance

Shares of LON PPET traded up GBX 12 during mid-day trading on Thursday, reaching GBX 642. The company had a trading volume of 63,562 shares, compared to its average volume of 359,873. Patria Private Equity Trust has a twelve month low of GBX 524 and a twelve month high of GBX 642. The firm has a market capitalization of £939.09 million and a PE ratio of 8.54. The stock has a 50 day simple moving average of GBX 607.60.

Patria Private Equity Trust Company Profile

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.