Strategic Equity Capital (LON:SEC) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Strategic Equity Capital (LON:SECGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 377.28 and traded as high as GBX 411. Strategic Equity Capital shares last traded at GBX 385, with a volume of 619,227 shares changing hands.

Strategic Equity Capital Price Performance

The company’s 50-day simple moving average is GBX 377.28 and its two-hundred day simple moving average is GBX 377.07. The firm has a market capitalization of £146.45 million, a P/E ratio of -67.49 and a beta of 0.73.

About Strategic Equity Capital

(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.

Further Reading

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