Strategic Equity Capital (LON:SEC) Stock Price Breaks Above 50-Day Moving Average – Time to Sell?

Strategic Equity Capital (LON:SEC)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 376.80 and traded as high as GBX 395.59. Strategic Equity Capital shares last traded at GBX 394.70, with a volume of 77,163 shares trading hands.

Strategic Equity Capital Stock Down 1.5%

The business has a 50 day simple moving average of GBX 376.80 and a 200 day simple moving average of GBX 364.50. The company has a market capitalization of £122.19 million, a PE ratio of -86.24 and a beta of 0.65.

Strategic Equity Capital (LON:SEC) last issued its quarterly earnings results on Wednesday, September 23rd. The investment trust reported GBX 0.73 earnings per share for the quarter. Strategic Equity Capital had a negative return on equity of 1.28% and a negative net margin of 164.12%.

Insider Buying and Selling

In related news, insider Will Rogers bought 5,100 shares of the company’s stock in a transaction on Monday, September 28th. The shares were bought at an average price of GBX 405 per share, with a total value of £20,655. 15.13% of the stock is owned by company insiders.

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.