Standard Life Private Equity Trust (LON:SLPE) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Standard Life Private Equity Trust (LON:SLPE) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 610.48 and traded as low as GBX 588. Standard Life Private Equity Trust shares last traded at GBX 598, with a volume of 43,738 shares changing hands.

Standard Life Private Equity Trust Stock Up 0.3%

The stock has a market capitalization of £922.48 million and a price-to-earnings ratio of 3.22. The company’s 50-day simple moving average is GBX 610.48 and its 200 day simple moving average is GBX 602.22.

Standard Life Private Equity Trust Company Profile

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).