CT Private Equity Trust (LON:CTPE) Reaches New 52-Week High – Time to Buy?

Shares of CT Private Equity Trust PLC (LON:CTPE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 560 and last traded at GBX 558, with a volume of 173036 shares traded. The stock had previously closed at GBX 558.

CT Private Equity Trust Stock Performance

The company’s 50 day moving average price is GBX 499.87 and its 200-day moving average price is GBX 483.13. The company has a market cap of £398.99 million, a price-to-earnings ratio of 71.54 and a beta of 0.75.

CT Private Equity Trust Company Profile

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.

Our fund manager, Hamish Mair, has managed the trust’s investments since launch over 25 years ago.