Patria Private Equity Trust (LON:PPET) Stock Price Up 0.3% – What’s Next?

Shares of Patria Private Equity Trust (LON:PPET) rose 0.3% on Friday . The company traded as high as GBX 606 and last traded at GBX 606. 28,943 shares were traded during trading, a decline of 90% from the average daily volume of 300,941 shares. The stock had previously closed at GBX 604.

Patria Private Equity Trust Stock Up 0.3%

The firm has a market capitalization of £886.31 million and a PE ratio of 7.50. The stock’s 50-day simple moving average is GBX 613.71.

Patria Private Equity Trust (LON:PPET) last announced its quarterly earnings data on Monday, June 29th. The company reported GBX 1.95 EPS for the quarter.

Patria Private Equity Trust Company Profile

Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.

The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.