Key Points
- Insider buying: CT Private Equity Trust insider Craig Armour purchased 5,000 shares on June 2 at an average price of GBX 493, for a total of £24,650.
- Stock performance: Shares were up 3.1% and opened at GBX 500, after trading between a 1-year low of GBX 439.84 and a high of GBX 592.
- Company backdrop: The trust recently reported quarterly EPS of GBX 0.82 on revenue of GBX 123 million, and analysts currently maintain a Buy-leaning consensus rating.
CT Private Equity Trust PLC (LON:CTPE - Get Free Report) insider Craig Armour bought 5,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were acquired at an average price of GBX 493 per share, with a total value of £24,650.
CT Private Equity Trust Stock Up 3.1%
CTPE stock opened at GBX 500 on Wednesday. The company has a debt-to-equity ratio of 20.11, a current ratio of 1.33 and a quick ratio of 0.62. CT Private Equity Trust PLC has a 1-year low of GBX 439.84 and a 1-year high of GBX 592. The firm has a fifty day moving average price of GBX 477.24 and a two-hundred day moving average price of GBX 508.65. The firm has a market cap of £357.52 million, a price-to-earnings ratio of 15.46 and a beta of 0.96.
CT Private Equity Trust (LON:CTPE - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX 0.82 EPS for the quarter. The business had revenue of GBX 123 million during the quarter. CT Private Equity Trust had a net margin of 65.42% and a return on equity of 4.94%.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group restated a "speculative buy" rating on shares of CT Private Equity Trust in a research report on Wednesday, April 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, CT Private Equity Trust currently has a consensus rating of "Buy".
Check Out Our Latest Report on CT Private Equity Trust
CT Private Equity Trust Company Profile
(
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.
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