Strategic Equity Capital (LON:SEC) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Strategic Equity Capital (LON:SEC) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 387.51 and traded as high as GBX 401. Strategic Equity Capital shares last traded at GBX 388, with a volume of 99,364 shares.

Strategic Equity Capital Trading Down 0.1%

The company has a fifty day moving average of GBX 387.51 and a 200-day moving average of GBX 370.24. The company has a market capitalization of £118.47 million, a price-to-earnings ratio of -84.72 and a beta of 0.65.

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

Insider Activity at Strategic Equity Capital

In other news, insider Will Rogers acquired 5,100 shares of Strategic Equity Capital stock in a transaction that occurred on Monday, September 28th. The stock was purchased at an average cost of GBX 405 per share, with a total value of £20,655. Insiders own 15.29% of the company’s stock.

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.