CT Private Equity Trust (LON:CTPE) Hits New 1-Year High – Time to Buy?

CT Private Equity Trust PLC (LON:CTPE)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 493 ($6.18) and last traded at GBX 493 ($6.18), with a volume of 47370 shares trading hands. The stock had previously closed at GBX 486.50 ($6.10).

CT Private Equity Trust Price Performance

The firm has a market capitalization of £352.50 million, a price-to-earnings ratio of 2,594.74 and a beta of 0.75. The stock’s fifty day moving average price is GBX 449.31 and its two-hundred day moving average price is GBX 450.99. The company has a current ratio of 0.10, a quick ratio of 0.62 and a debt-to-equity ratio of 19.00.

CT Private Equity Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 7.01 ($0.09) per share. This represents a dividend yield of 1.55%. The ex-dividend date is Thursday, January 2nd. CT Private Equity Trust’s dividend payout ratio (DPR) is presently 14,736.84%.

Insider Activity

In other CT Private Equity Trust news, insider Richard Gray purchased 4,838 shares of the firm’s stock in a transaction on Thursday, November 28th. The shares were purchased at an average cost of GBX 451 ($5.65) per share, with a total value of £21,819.38 ($27,352.86). Insiders own 9.46% of the company’s stock.

CT Private Equity Trust Company Profile

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.