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

Shares of Strategic Equity Capital (LON:SEC) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 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 Performance

The stock has a market cap of £121.26 million, a price-to-earnings ratio of -85.59 and a beta of 0.65. The company has a 50-day simple moving average of GBX 377.98 and a two-hundred day simple moving average of GBX 365.12.

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

Insiders Place Their Bets

In other news, insider Will Rogers bought 5,100 shares of the stock in a transaction that occurred on Monday, September 28th. The shares were acquired at an average cost of GBX 405 per share, for a total transaction of £20,655. Insiders own 15.13% of the company’s stock.

About Strategic Equity Capital

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.