Strategic Equity Capital (LON:SEC) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Strategic Equity Capital (LON:SEC)’s stock price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-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 changing hands.

Strategic Equity Capital Trading Down 0.1%

The firm has a 50-day simple moving average of GBX 387.51 and a two-hundred day simple 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 issued 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%.

Insider Buying and Selling

In related news, insider Will Rogers acquired 5,100 shares of the stock in a transaction on Monday, September 28th. The shares were acquired at an average price of GBX 405 per share, for a total transaction of £20,655. Corporate 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.