Standard Life Private Equity Trust (LON:SLPE) Trading 2.5% Higher – Here’s Why

Shares of Standard Life Private Equity Trust (LON:SLPE) traded up 2.5% during mid-day trading on Wednesday . The stock traded as high as GBX 625 and last traded at GBX 616. 134,768 shares traded hands during trading, a decline of 15% from the average session volume of 157,693 shares. The stock had previously closed at GBX 601.

Standard Life Private Equity Trust Stock Down 1.6%

The company has a fifty day simple moving average of GBX 605.77 and a two-hundred day simple moving average of GBX 571.45. The company has a market cap of £937.85 million and a price-to-earnings ratio of 3.28.

Standard Life Private Equity Trust Company Profile

SL Private Equity specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in healthcare, oil and gas services, educational publishing, aero-engineering, and capital goods outside Europe. Within fund of fund investments it seeks to invest in private equity funds focused on mid to large sized buyouts. It seeks to invest in funds investing in companies with enterprise values ranging between EUR100 million ($111.10 million) and EUR2 billion ($2,881.60 million).