Strategic Equity Capital (LON:SEC) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Shares of Strategic Equity Capital (LON:SEC) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 379.10 and traded as low as GBX 340. Strategic Equity Capital shares last traded at GBX 359, with a volume of 4,016 shares changing hands.

Strategic Equity Capital Price Performance

The stock has a 50 day simple moving average of GBX 378.26 and a 200-day simple moving average of GBX 376.31. The firm has a market cap of £127.45 million, a PE ratio of 8.89 and a beta of 0.74.

Strategic Equity Capital (LON:SEC) last issued its quarterly earnings results on Friday, February 20th. The investment trust reported GBX 12.80 earnings per share for the quarter. Strategic Equity Capital had a return on equity of 10.95% and a net margin of 33.47%.

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.