CT Private Equity Trust (LON:CTPE) Releases Earnings Results

CT Private Equity Trust (LON:CTPE) issued its quarterly earnings results on Thursday. The company reported GBX 0.82 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 123 million for the quarter. CT Private Equity Trust had a return on equity of 4.67% and a net margin of 64.00%.

CT Private Equity Trust Stock Up 0.4%

Shares of LON CTPE opened at GBX 474 on Thursday. The company has a market cap of £338.92 million, a P/E ratio of 14.65 and a beta of 0.96. CT Private Equity Trust has a 52 week low of GBX 439.84 and a 52 week high of GBX 592. The business has a 50-day simple moving average of GBX 476.78 and a two-hundred day simple moving average of GBX 508.37.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating on shares of CT Private Equity Trust in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, CT Private Equity Trust has an average rating of “Buy”.

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.

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