Shares of Patria Private Equity Trust (LON:PPET – Get Free Report) rose 0.7% during trading on Thursday . The company traded as high as GBX 620 and last traded at GBX 616. Approximately 280,238 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 371,052 shares. The stock had previously closed at GBX 612.
Patria Private Equity Trust Stock Down 0.6%
The stock has a market capitalization of £895.20 million and a PE ratio of 8.14. The firm’s fifty day simple moving average is GBX 606.76.
About Patria Private Equity Trust
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.
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