Strategic Equity Capital (LON:SEC) Shares Cross Below Two Hundred Day Moving Average – What’s Next?
by Scott Moore · The Cerbat GemStrategic Equity Capital (LON:SEC – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 371.67 and traded as low as GBX 349. Strategic Equity Capital shares last traded at GBX 353, with a volume of 61,647 shares traded.
Strategic Equity Capital Price Performance
The firm has a market capitalization of £125.65 million, a P/E ratio of 9.44 and a beta of 0.52. The stock’s 50-day simple moving average is GBX 354.01 and its two-hundred day simple moving average is GBX 371.67.
Strategic Equity Capital (LON:SEC – Get Free Report) last issued its earnings results on Friday, February 20th. The investment trust reported GBX 12.80 earnings per share for the quarter. Strategic Equity Capital had a net margin of 33.47% and a return on equity of 10.95%.
About Strategic Equity Capital
Strategic Equity Capital is a specialist alternative equity Trust.
Actively managed, it maintains a highly-concentrated portfolio of 15-25 high-quality, dynamic UK smaller companies, each operating in a niche market offering structural growth opportunities.
SEC aims to achieve investment growth over a medium-term period, principally through capital growth. The team looks to find companies with the potential to double shareholder value every five years.
SEC listed on the London Stock Exchange on 19 July 2005, having raised funds from a range of investors including institutions, pension funds and private banks.