Strategic Equity Capital (LON:SEC) Share Price Passes Below 50 Day Moving Average – What’s Next?

Strategic Equity Capital (LON:SEC) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 382.49 and traded as low as GBX 355.92. Strategic Equity Capital shares last traded at GBX 355.92, with a volume of 65,288 shares.

Strategic Equity Capital Stock Performance

The business has a fifty day moving average of GBX 382.49 and a two-hundred day moving average of GBX 377.51. The firm has a market capitalization of £133.42 million, a price-to-earnings ratio of 9.31 and a beta of 0.74.

Strategic Equity Capital (LON:SEC) last announced its quarterly earnings results on Friday, February 20th. The investment trust reported GBX 12.80 earnings per share (EPS) 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.