CT Private Equity Trust (LON:CTPE) Shares Up 2.3% – Time to Buy?

CT Private Equity Trust PLC (LON:CTPE)’s share price shot up 2.3% during mid-day trading on Friday . The stock traded as high as GBX 448 ($5.81) and last traded at GBX 442 ($5.73). 406,803 shares changed hands during mid-day trading, an increase of 326% from the average session volume of 95,394 shares. The stock had previously closed at GBX 432 ($5.60).

CT Private Equity Trust Stock Performance

The company has a market capitalization of £316.03 million, a PE ratio of 2,326.32 and a beta of 0.75. The company has a current ratio of 0.10, a quick ratio of 0.62 and a debt-to-equity ratio of 19.00. The firm’s 50-day simple moving average is GBX 442.83 and its 200-day simple moving average is GBX 452.53.

CT Private Equity Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 3rd were issued a GBX 7.01 ($0.09) dividend. The ex-dividend date was Thursday, October 3rd. This represents a dividend yield of 1.58%. CT Private Equity Trust’s dividend payout ratio is currently 14,736.84%.

CT Private Equity Trust Company Profile

BMO Private Equity Trust Plc specializes in secondary indirect, direct and investing in other funds. Within investing in other funds, the fund specializes in private equity funds, offshore funds, buy-out funds, venture funds, mezzanine funds, and investment trusts. Within the direct investment, it invests in mezzanine, early venture, mid venture, late venture, middle market, later stage, mature and buyout.