Strategic Equity Capital (LON:SEC) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Strategic Equity Capital (LON:SEC)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 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 Stock Up 2.7%

The firm has a market cap of £134.57 million, a P/E ratio of 9.39 and a beta of 0.74. The company’s 50 day simple moving average is GBX 379.10 and its 200-day simple moving average is GBX 376.58.

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

About Strategic Equity Capital

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.