Strategic Equity Capital (LON:SEC) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Strategic Equity Capital (LON:SEC – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 352.93 and traded as high as GBX 381. Strategic Equity Capital shares last traded at GBX 375.90, with a volume of 372 shares.

Strategic Equity Capital Trading Down 1.5%

The firm has a market capitalization of £127.22 million, a P/E ratio of 9.68 and a beta of 0.74. The company has a 50 day simple moving average of GBX 353.21 and a two-hundred day simple moving average of GBX 369.90.

Strategic Equity Capital Company Profile

(Get Free Report)

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.

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