CT Private Equity Trust (LON:CTPE) Sets New 52-Week High – Here’s What Happened

CT Private Equity Trust PLC (LON:CTPE) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 496 ($6.22) and last traded at GBX 488 ($6.12), with a volume of 24776 shares traded. The stock had previously closed at GBX 490.50 ($6.15).

CT Private Equity Trust Stock Performance

The stock has a market capitalization of £348.92 million, a price-to-earnings ratio of 2,568.42 and a beta of 0.75. The company’s 50-day simple moving average is GBX 455 and its 200-day simple moving average is GBX 451.82. The company has a current ratio of 0.10, a quick ratio of 0.62 and a debt-to-equity ratio of 19.00.

CT Private Equity Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 2nd will be issued a dividend of GBX 7.01 ($0.09) per share. This represents a yield of 1.55%. The ex-dividend date is Thursday, January 2nd. CT Private Equity Trust’s payout ratio is presently 14,736.84%.

Insider Activity

In other news, insider Richard Gray purchased 4,838 shares of the business’s stock in a transaction on Thursday, November 28th. The shares were acquired at an average price of GBX 451 ($5.66) per share, for a total transaction of £21,819.38 ($27,376.89). 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.