CT Private Equity Trust (LON:CTPE) Stock Price Up 0.4% – Still a Buy?

CT Private Equity Trust PLC (LON:CTPE)’s stock price shot up 0.4% during trading on Wednesday . The company traded as high as GBX 473 ($6.13) and last traded at GBX 473 ($6.13). 39,278 shares traded hands during trading, a decline of 50% from the average session volume of 79,199 shares. The stock had previously closed at GBX 471 ($6.11).

CT Private Equity Trust Stock Up 0.4 %

The firm has a 50-day moving average price of GBX 487.91 and a 200 day moving average price of GBX 464.15. The firm has a market capitalization of £339.10 million, a PE ratio of 62.95 and a beta of 0.75.

CT Private Equity Trust Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 2nd were issued a dividend of GBX 7.01 ($0.09) per share. This represents a yield of 1.55%. The ex-dividend date was Thursday, January 2nd. CT Private Equity Trust’s dividend payout ratio (DPR) is 372.61%.

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.