CT Private Equity Trust (LON:CTPE) Posts Quarterly Earnings Results

CT Private Equity Trust (LON:CTPE - Get Free Report) issued its quarterly earnings results on Friday. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 1.10% and a net margin of 59.97%.

CT Private Equity Trust Trading Up 2.0 %

LON:CTPE traded up GBX 9 ($0.12) on Tuesday, hitting GBX 468 ($6.05). The company had a trading volume of 39,882 shares, compared to its average volume of 74,755. The firm has a 50 day moving average of GBX 483.90 and a two-hundred day moving average of GBX 466.04. CT Private Equity Trust has a 52 week low of GBX 415 ($5.36) and a 52 week high of GBX 531.42 ($6.87). The stock has a market capitalization of £335.51 million, a price-to-earnings ratio of 62.28 and a beta of 0.75.

CT Private Equity Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 7.01 ($0.09) per share. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, April 10th. CT Private Equity Trust's dividend payout ratio (DPR) is presently 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.