CT Private Equity Trust (LON:CTPE) Hits New 52-Week High – Time to Buy?

Posted by Stuart Ham on Jan 29th, 2025

Shares of CT Private Equity Trust PLC (LON:CTPE – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 496 ($6.17) and last traded at GBX 482 ($6.00), with a volume of 71936 shares trading hands. The stock had previously closed at GBX 482 ($6.00).

CT Private Equity Trust Stock Performance

The company has a quick ratio of 0.62, a current ratio of 0.10 and a debt-to-equity ratio of 19.00. The stock has a market cap of £344.63 million, a price-to-earnings ratio of 2,536.84 and a beta of 0.75. The stock’s fifty day moving average is GBX 474.04 and its 200-day moving average is GBX 456.56.

CT Private Equity Trust (LON:CTPE – Get Free Report) last announced its quarterly earnings results on Thursday, November 28th. The company reported GBX 1.31 ($0.02) earnings per share (EPS) for the quarter. CT Private Equity Trust had a net margin of 48.16% and a return on equity of 2.68%.

CT Private Equity Trust Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be issued a dividend of GBX 7.01 ($0.09) per share. This represents a dividend yield of 1.55%. The ex-dividend date is Thursday, January 2nd. CT Private Equity Trust’s dividend payout ratio (DPR) is presently 14,736.84%.

Insider Buying and Selling

In other news, insider Richard Gray purchased 4,838 shares of the company’s stock in a transaction on Thursday, November 28th. The shares were purchased at an average price of GBX 451 ($5.61) per share, with a total value of £21,819.38 ($27,148.66). 9.46% of the stock is owned by company insiders.

About CT Private Equity Trust

(Get Free Report)

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.