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

CT Private Equity Trust (LON:CTPE) issued 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 1.0%

LON:CTPE traded up GBX 5 during trading hours on Friday, reaching GBX 490. 178,020 shares of the company were exchanged, compared to its average volume of 101,012. The company has a debt-to-equity ratio of 20.11, a current ratio of 1.33 and a quick ratio of 0.62. CT Private Equity Trust has a 52-week low of GBX 439.84 and a 52-week high of GBX 592. The firm has a market cap of £350.07 million, a price-to-earnings ratio of 14.28 and a beta of 0.94. The stock has a 50 day simple moving average of GBX 495.40 and a 200 day simple moving average of GBX 490.43.

Insider Buying and Selling

In related news, insider Craig Armour purchased 5,000 shares of CT Private Equity Trust stock in a transaction that occurred on Tuesday, June 2nd. The shares were purchased at an average cost of GBX 493 per share, with a total value of £24,650. Company 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.