Strategic Equity Capital (LON:SEC) Share Price Breaks Above Fifty Day Moving Average – Here’s Why

by · The Markets Daily

Strategic Equity Capital (LON:SEC – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 379.93 and traded as high as GBX 397.56. Strategic Equity Capital shares last traded at GBX 390, with a volume of 52,210 shares traded.

Strategic Equity Capital Stock Down 0.9%

The stock has a market capitalization of £117.86 million, a PE ratio of -83.19 and a beta of 0.65. The stock’s 50 day moving average price is GBX 380.19 and its 200-day moving average price is GBX 367.05.

Strategic Equity Capital (LON:SEC – Get Free Report) last posted its quarterly earnings results on Wednesday, September 23rd. The investment trust reported GBX 0.73 EPS for the quarter. Strategic Equity Capital had a negative net margin of 164.12% and a negative return on equity of 1.28%.

Insider Buying and Selling at Strategic Equity Capital

In other news, insider Will Rogers bought 5,100 shares of the stock in a transaction on Monday, September 28th. The stock was acquired at an average cost of GBX 405 per share, for a total transaction of £20,655. Corporate insiders own 15.13% of the company’s stock.

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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