Strategic Equity Capital (LON:SEC) Sets New 1-Year High – Here’s Why

Strategic Equity Capital (LON:SEC)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 400 and last traded at GBX 394, with a volume of 45818 shares changing hands. The stock had previously closed at GBX 383.50.

Strategic Equity Capital Trading Up 2.7%

The company’s 50 day simple moving average is GBX 374.99 and its 200-day simple moving average is GBX 375.94. The firm has a market cap of £148.68 million, a P/E ratio of -68.52 and a beta of 0.73.

Strategic Equity Capital Company Profile

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.