CT Private Equity Trust (LON:CTPE) Sets New 12-Month Low – Here’s What Happened

CT Private Equity Trust PLC (LON:CTPE)’s share price hit a new 52-week low on Monday . The stock traded as low as GBX 396 ($5.04) and last traded at GBX 404 ($5.14), with a volume of 251926 shares trading hands. The stock had previously closed at GBX 445 ($5.66).

CT Private Equity Trust Price Performance

The company has a fifty day moving average price of GBX 479.32 and a two-hundred day moving average price of GBX 465.87. The firm has a market cap of £289.63 million, a price-to-earnings ratio of 53.76 and a beta of 0.75.

CT Private Equity Trust (LON:CTPE) last issued its quarterly earnings results on Friday, March 28th. The company reported GBX 2.30 ($0.03) earnings per share for the quarter. CT Private Equity Trust had a net margin of 59.97% and a return on equity of 1.10%.

CT Private Equity Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be given a GBX 7.01 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 1.52%. CT Private Equity Trust’s dividend payout ratio (DPR) is 372.61%.

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.