CT Private Equity Trust (LON:CTPE) Stock Price Down 0.6% – Here’s What Happened

CT Private Equity Trust PLC (LON:CTPE) shares fell 0.6% on Friday . The company traded as low as GBX 465 and last traded at GBX 469.70. 112,540 shares changed hands during trading, a decline of 15% from the average session volume of 132,410 shares. The stock had previously closed at GBX 472.77.

CT Private Equity Trust Price Performance

The company has a debt-to-equity ratio of 24.40, a quick ratio of 0.62 and a current ratio of 6.99. The business’s fifty day simple moving average is GBX 518.09 and its 200 day simple moving average is GBX 506.02. The stock has a market cap of £335.85 million, a price-to-earnings ratio of 60.22 and a beta of 1.03.

Insider Activity

In other CT Private Equity Trust news, insider Jane Routledge purchased 3,571 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The shares were acquired at an average price of GBX 560 per share, for a total transaction of £19,997.60. Insiders own 0.39% of the company’s stock.

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.