Standard Life Private Equity Trust (LON:SLPE) Trading Down 2.5% – Should You Sell?

Standard Life Private Equity Trust (LON:SLPEGet Free Report)’s share price dropped 2.5% during mid-day trading on Wednesday . The company traded as low as GBX 586.05 and last traded at GBX 590. Approximately 97,255 shares changed hands during trading, a decline of 38% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 605.

Standard Life Private Equity Trust Price Performance

The stock’s 50-day moving average is GBX 616.74 and its 200 day moving average is GBX 593.16. The stock has a market cap of £891.73 million and a price-to-earnings ratio of 3.11.

About Standard Life Private Equity Trust

(Get Free Report)

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).

Further Reading

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