CT Private Equity Trust (LON:CTPE) Stock Price Down 0.6% – Here’s What Happened

Shares of CT Private Equity Trust PLC (LON:CTPE) dropped 0.6% on Tuesday . The company traded as low as GBX 490 ($6.18) and last traded at GBX 494 ($6.23). Approximately 47,847 shares traded hands during trading, a decline of 47% from the average daily volume of 89,582 shares. The stock had previously closed at GBX 497 ($6.27).

CT Private Equity Trust Stock Performance

The business has a fifty day simple moving average of GBX 490.52 and a 200-day simple moving average of GBX 461.85. The firm has a market cap of £356.22 million, a price-to-earnings ratio of 66.12 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE) last issued its quarterly earnings data on Thursday, November 28th. The company reported GBX 1.31 ($0.02) earnings per share (EPS) for the quarter. CT Private Equity Trust had a net margin of 59.97% and a return on equity of 1.10%.

CT Private Equity Trust Dividend Announcement

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

Insider Buying and Selling

In other news, insider Richard Gray purchased 4,838 shares of the stock in a transaction on Thursday, November 28th. The stock was purchased at an average price of GBX 451 ($5.69) per share, for a total transaction of £21,819.38 ($27,525.39). 9.46% of the stock is currently owned by insiders.

About CT Private Equity Trust

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.