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

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

Patria Private Equity Trust Stock Performance

LON PPET traded down GBX 24 on Friday, hitting GBX 618. The stock had a trading volume of 31,596 shares, compared to its average volume of 357,267. The business has a fifty day moving average of GBX 608.60. Patria Private Equity Trust has a 52-week low of GBX 524 and a 52-week high of GBX 642. The company has a market capitalization of £903.98 million and a PE 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.