Strategic Equity Capital (LON:SEC) Stock Crosses Above 50-Day Moving Average – What’s Next?

Strategic Equity Capital (LON:SEC)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 351.11 and traded as high as GBX 370. Strategic Equity Capital shares last traded at GBX 370, with a volume of 26,822 shares traded.

Strategic Equity Capital Stock Down 0.0%

The firm’s 50-day moving average is GBX 351.11 and its 200-day moving average is GBX 371.06. The company has a market capitalization of £127.03 million, a PE ratio of 9.66 and a beta of 0.74.

Strategic Equity Capital (LON:SEC) last announced its 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 net margin of 33.47% and a return on equity of 10.95%.

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.