CT Private Equity Trust (LON:CTPE) Hits New 52-Week High - Still a Buy?

CT Private Equity Trust PLC (LON:CTPE - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 493 ($6.18) and last traded at GBX 493 ($6.18), with a volume of 47370 shares trading hands. The stock had previously closed at GBX 486.50 ($6.10).

CT Private Equity Trust Stock Performance

The company has a market capitalization of £352.50 million, a price-to-earnings ratio of 2,594.74 and a beta of 0.75. The company's fifty day simple moving average is GBX 449.31 and its two-hundred day simple moving average is GBX 450.99. The company has a debt-to-equity ratio of 19.00, a quick ratio of 0.62 and a current ratio of 0.10.

CT Private Equity Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be given a dividend of GBX 7.01 ($0.09) per share. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, January 2nd. CT Private Equity Trust's dividend payout ratio is currently 14,736.84%.

Insider Buying and Selling at CT Private Equity Trust

In related news, insider Richard Gray bought 4,838 shares of the company's stock in a transaction on Thursday, November 28th. The shares were purchased at an average cost of GBX 451 ($5.65) per share, with a total value of £21,819.38 ($27,352.86). 9.46% of the stock is 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.