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

CT Private Equity Trust PLC (LON:CTPE)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 564 and last traded at GBX 564, with a volume of 141890 shares changing hands. The stock had previously closed at GBX 558.

CT Private Equity Trust Trading Up 1.1%

The stock has a 50 day moving average of GBX 510.82 and a 200-day moving average of GBX 487.91. The company has a market capitalization of £403.28 million, a P/E ratio of 72.31 and a beta of 0.75.

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.