CT Private Equity Trust (LON:CTPE) Shares Up 1% - Still a Buy?

CT Private Equity Trust PLC (LON:CTPE - Get Free Report)'s stock price shot up 1% on Wednesday . The stock traded as high as GBX 485 ($6.44) and last traded at GBX 485 ($6.44). 116,678 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 80,275 shares. The stock had previously closed at GBX 480 ($6.37).

CT Private Equity Trust Stock Down 0.9 %

The business's fifty day moving average is GBX 464.60 and its 200-day moving average is GBX 468.52. The company has a market cap of £341.25 million, a PE ratio of 63.34 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE - Get Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter. CT Private Equity Trust had a net margin of 59.97% and a return on equity of 1.10%.

CT Private Equity Trust Cuts Dividend

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

Insider Activity

In other CT Private Equity Trust news, insider Audrey Baxter acquired 2,000 shares of the stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average cost of GBX 452 ($6.00) per share, for a total transaction of £9,040 ($11,995.75). Insiders own 9.46% of the company's stock.

CT Private Equity Trust Company Profile

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.