CT Private Equity Trust (LON:CTPE) Stock Price Up 0.4% - Still a Buy?

Key Points

• CT Private Equity Trust shares rose by 0.4%, trading around GBX 498 ($6.58) with an increase in volume of 68% compared to the average session.
• The company reported a net margin of 59.97% and earnings per share of GBX 0.45 ($0.01) for the last quarter, highlighting its profitability.
• CT Private Equity Trust invests in over 500 companies, focusing on high-quality smaller and mid-sized private firms in the UK and Europe, managed by experienced private equity managers.

CT Private Equity Trust PLC (LON:CTPE - Get Free Report) shares were up 0.4% during mid-day trading on Thursday . The stock traded as high as GBX 500 ($6.65) and last traded at GBX 498 ($6.62). Approximately 133,180 shares were traded during trading, an increase of 68% from the average daily volume of 79,077 shares. The stock had previously closed at GBX 496 ($6.59).

CT Private Equity Trust Price Performance

The business has a 50-day simple moving average of GBX 476.99 and a two-hundred day simple moving average of GBX 476.94. The stock has a market cap of £352.72 million, a price-to-earnings ratio of 65.47 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE - Get Free Report) last posted its earnings results on Thursday, May 29th. The company reported GBX 0.45 ($0.01) EPS for the quarter. CT Private Equity Trust had a return on equity of 1.10% and a net margin of 59.97%.

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.