Strategic Equity Capital (LON:SEC) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Strategic Equity Capital (LON:SEC) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 362.40 and traded as high as GBX 367.64. Strategic Equity Capital shares last traded at GBX 366, with a volume of 3,996 shares traded.

Strategic Equity Capital Stock Down 0.3%

The company’s 50 day moving average price is GBX 363.44 and its two-hundred day moving average price is GBX 368.19. The firm has a market cap of £126.30 million, a PE ratio of 9.68 and a beta of 0.74.

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.