CT Private Equity Trust (LON:CTPE) Shares Down 0.9% - Time to Sell?

Key Points

• CT Private Equity Trust's stock price fell by 0.9%, closing at GBX 450 ($6.10) following a day of increased trading volume, up by 86% from its average.
• The company has a market capitalization of £321.76 million and a P/E ratio of 5,769.23, indicating potential overvaluation.
• CT Private Equity Trust focuses on investing in high-quality smaller and mid-sized private companies, with a strategy that includes a diversified portfolio of over 500 companies managed by 50 private equity managers.

CT Private Equity Trust PLC (LON:CTPE - Get Free Report) shares traded down 0.9% on Thursday . The company traded as low as GBX 446.60 ($6.04) and last traded at GBX 450 ($6.08). 161,968 shares were traded during mid-day trading, an increase of 86% from the average session volume of 87,081 shares. The stock had previously closed at GBX 454 ($6.14).

CT Private Equity Trust Stock Performance

The company has a 50-day simple moving average of GBX 477.87 and a 200-day simple moving average of GBX 472.13. The company has a market cap of £323.19 million, a price-to-earnings ratio of 5,794.87 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported GBX 1.36 EPS 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.