Patria Private Equity Trust (LON:PPET – Get Free Report)’s stock price rose 1.1% during mid-day trading on Friday. The company traded as high as GBX 614 and last traded at GBX 612.40. 130,678 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 241,964 shares. The stock had previously closed at GBX 606.
Patria Private Equity Trust Trading Up 1.1%
The company has a market capitalization of £892.06 million and a price-to-earnings ratio of 7.58. The company’s 50 day simple moving average is GBX 600.61 and its 200-day simple moving average is GBX 602.35.
Patria Private Equity Trust Company Profile
Patria Private Equity Trust plc (LON:PPET) is a closed-ended investment company listed on the London Stock Exchange that provides investors with access to private equity opportunities in Latin America. The trust is managed by Patria, a specialist alternative asset manager with a focus on the region, and it is structured to give public-market investors exposure to privately negotiated equity investments that are typically difficult to access through traditional listed equities.
The trust’s principal activities involve making and managing a diversified portfolio of private equity investments, including primary fund commitments, co-investments alongside sponsor-led funds, secondary purchases and direct equity stakes in companies.
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