CT Private Equity Trust (LON:CTPE) Posts Quarterly Earnings Results

CT Private Equity Trust (LON:CTPE) posted its quarterly earnings results on Friday. The company reported GBX 0.70 EPS for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a net margin of 65.42% and a return on equity of 4.94%.

CT Private Equity Trust Trading Up 0.7%

CTPE stock traded up GBX 3.46 during mid-day trading on Friday, reaching GBX 488.46. 59,805 shares of the stock traded hands, compared to its average volume of 100,300. CT Private Equity Trust has a one year low of GBX 439.84 and a one year high of GBX 592. The stock has a market capitalization of £348.97 million, a PE ratio of 14.24 and a beta of 0.94. The business has a 50-day moving average price of GBX 495.40 and a two-hundred day moving average price of GBX 490.43. The company has a debt-to-equity ratio of 20.11, a quick ratio of 0.62 and a current ratio of 1.33.

Insider Buying and Selling at CT Private Equity Trust

In related news, insider Craig Armour acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average cost of GBX 493 per share, with a total value of £24,650. Insiders own 0.40% of the company’s stock.

CT Private Equity Trust Company Profile

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.