CT Private Equity Trust (LON:CTPE) Reaches New 12-Month High – Still a Buy?

CT Private Equity Trust PLC (LON:CTPEGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 588 and last traded at GBX 568.01, with a volume of 55595 shares. The stock had previously closed at GBX 574.

CT Private Equity Trust Stock Performance

The firm’s 50 day simple moving average is GBX 533.14 and its 200-day simple moving average is GBX 496.11. The company has a market capitalization of £401.20 million, a price-to-earnings ratio of 71.94 and a beta of 0.75.

Insiders Place Their Bets

In other CT Private Equity Trust news, insider Jane Routledge purchased 3,571 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The shares were purchased at an average cost of GBX 560 per share, with a total value of £19,997.60. Insiders own 0.38% of the company’s stock.

About CT Private Equity Trust

(Get Free Report)

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.

Further Reading

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