CT Private Equity Trust (LON:CTPE) Stock Price Down 1.5% – What’s Next?

CT Private Equity Trust PLC (LON:CTPE)’s share price dropped 1.5% during mid-day trading on Wednesday . The company traded as low as GBX 524 and last traded at GBX 532. Approximately 124,415 shares traded hands during trading, an increase of 24% from the average daily volume of 100,584 shares. The stock had previously closed at GBX 540.

CT Private Equity Trust Stock Down 2.7%

The stock has a market capitalization of £370.21 million, a price-to-earnings ratio of 66.38 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 550.64 and its 200 day simple moving average is GBX 502.67.

Insider Activity at CT Private Equity Trust

In other CT Private Equity Trust news, insider Jane Routledge purchased 3,571 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were acquired at an average cost of GBX 560 per share, for a total transaction of £19,997.60. 0.39% of the stock is owned by insiders.

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.