CT Private Equity Trust (LON:CTPE) Posts Quarterly Earnings Results

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

CT Private Equity Trust Price Performance

CTPE stock opened at GBX 493 on Friday. CT Private Equity Trust has a 12 month low of GBX 439.84 and a 12 month high of GBX 592. The firm has a market cap of £352.51 million, a PE ratio of 15.24 and a beta of 0.96. The firm has a 50 day simple moving average of GBX 476.92 and a 200 day simple moving average of GBX 508.27.

Wall Street Analyst Weigh In

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

CT Private Equity Trust Company Profile

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.