CT Private Equity Trust (LON:CTPE) Shares Cross Below Fifty Day Moving Average – Here’s Why

CT Private Equity Trust PLC (LON:CTPE)’s stock price passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 465.31 and traded as low as GBX 462. CT Private Equity Trust shares last traded at GBX 464, with a volume of 44,390 shares.

CT Private Equity Trust Price Performance

The stock has a market cap of £330.94 million, a price-to-earnings ratio of 9.46 and a beta of 0.90. The company has a debt-to-equity ratio of 23.96, a quick ratio of 0.62 and a current ratio of 6.25. The company has a 50-day simple moving average of GBX 465.31 and a two-hundred day simple moving average of GBX 486.80.

CT Private Equity Trust (LON:CTPE) last released its quarterly earnings data on Friday, August 28th. The company reported GBX 0.70 EPS for the quarter. CT Private Equity Trust had a return on equity of 7.01% and a net margin of 73.44%.

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.