CT Private Equity Trust (LON:CTPE) Stock Price Down 0.5% - Here's Why

Key Points

• CT Private Equity Trust's stock price has decreased by 0.5% to GBX 474 ($6.41), with trading volume down 42% from its average.
• The company, with a market cap of £339.82 million, has a PE ratio of 63.08 and reported a net margin of 59.97% in its latest earnings.
• CT Private Equity Trust primarily invests in high-quality smaller and mid-sized private companies across the UK and Europe, aiming for strong growth and profitability.

CT Private Equity Trust PLC (LON:CTPE - Get Free Report) dropped 0.5% during trading on Friday . The company traded as low as GBX 474 ($6.40) and last traded at GBX 474 ($6.40). Approximately 49,726 shares were traded during trading, a decline of 42% from the average daily volume of 85,029 shares. The stock had previously closed at GBX 476.50 ($6.43).

CT Private Equity Trust Stock Performance

The firm has a 50 day moving average price of GBX 479.84 and a two-hundred day moving average price of GBX 474.60. The company has a market cap of £341.25 million, a P/E ratio of 63.34 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported GBX 1.36 earnings per share for the quarter. CT Private Equity Trust had a net margin of 59.97% and a return on equity of 1.10%.

About CT Private Equity Trust

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.