Patria Private Equity Trust (LON:PPET) Shares Down 1% – Time to Sell?

Patria Private Equity Trust (LON:PPET)’s stock price traded down 1% during trading on Thursday . The company traded as low as GBX 614 and last traded at GBX 618. Approximately 159,001 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 326,778 shares. The stock had previously closed at GBX 624.

Patria Private Equity Trust Stock Down 1.0%

The business’s 50 day simple moving average is GBX 613.17. The firm has a market cap of £903.86 million and a PE ratio of 7.65.

Patria Private Equity Trust (LON:PPET) last issued its quarterly earnings results on Monday, June 29th. The company reported GBX 1.95 earnings per share (EPS) for the quarter.

About Patria Private Equity Trust

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.