CT Private Equity Trust (LON:CTPE) Announces Earnings Results

CT Private Equity Trust (LON:CTPE - Get Free Report) issued its quarterly earnings results on Thursday. The company reported GBX 0.45 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 1.10% and a net margin of 59.97%.

CT Private Equity Trust Price Performance

Shares of LON:CTPE traded up GBX 6 ($0.08) during trading on Friday, reaching GBX 480 ($6.46). 58,323 shares of the stock were exchanged, compared to its average volume of 81,425. CT Private Equity Trust has a 1-year low of GBX 396 ($5.33) and a 1-year high of GBX 531.42 ($7.15). The stock has a fifty day moving average of GBX 468.61 and a two-hundred day moving average of GBX 475.02. The firm has a market cap of £344.12 million, a price-to-earnings ratio of 63.88 and a beta of 0.75.

CT Private Equity Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th were paid a GBX 7.01 ($0.09) dividend. This represents a yield of 1.52%. The ex-dividend date was Thursday, April 10th. CT Private Equity Trust's dividend payout ratio (DPR) is presently 372.61%.

Insider Transactions at CT Private Equity Trust

In other news, insider Audrey Baxter purchased 2,000 shares of the company's stock in a transaction that occurred on Tuesday, April 8th. The shares were bought at an average cost of GBX 452 ($6.08) per share, with a total value of £9,040 ($12,163.62). 9.46% of the stock is owned by insiders.

About CT Private Equity Trust

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company's shareholders.