Patria Private Equity Trust (LON:PPET) Hits New 12-Month High – Should You Buy?

Patria Private Equity Trust (LON:PPET)’s share price reached a new 52-week high on Thursday . The stock traded as high as GBX 642 and last traded at GBX 642, with a volume of 63562 shares changing hands. The stock had previously closed at GBX 630.

Patria Private Equity Trust Price Performance

The stock has a market capitalization of £903.98 million and a PE ratio of 8.22. The company’s 50-day moving average price is GBX 608.60.

Patria Private Equity Trust (LON:PPET) last released its quarterly earnings results on Monday, June 29th. The company reported GBX 1.95 EPS for the quarter.

Patria Private Equity Trust Company Profile

Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.

The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.