CT Private Equity Trust (LON:CTPE) Sets New 52-Week High – Here’s Why

CT Private Equity Trust PLC (LON:CTPE) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 556 and last traded at GBX 546, with a volume of 152819 shares traded. The stock had previously closed at GBX 552.

CT Private Equity Trust Price Performance

The company’s fifty day simple moving average is GBX 491.73 and its 200-day simple moving average is GBX 479.99. The firm has a market capitalization of £390.41 million, a PE ratio of 70.00 and a beta of 0.75.

About CT Private Equity Trust

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.