CT Private Equity Trust (LON:CTPE) Trading Up 2.3% - Here's Why

CT Private Equity Trust PLC (LON:CTPE - Get Free Report) shares shot up 2.3% on Friday . The company traded as high as GBX 448 ($5.81) and last traded at GBX 442 ($5.73). 406,803 shares traded 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 Trading Up 2.3 %

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 has a market cap of £316.03 million, a P/E ratio of 2,326.32 and a beta of 0.75. The business has a 50 day moving average of GBX 442.83 and a two-hundred day moving average of GBX 452.50.

CT Private Equity Trust Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 3rd were given a dividend of GBX 7.01 ($0.09) per share. This represents a yield of 1.58%. The ex-dividend date was Thursday, October 3rd. CT Private Equity Trust's payout ratio is 14,736.84%.

About CT Private Equity Trust

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.