Strategic Equity Capital (LON:SEC) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Strategic Equity Capital (LON:SECGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 365.81 and traded as low as GBX 357. Strategic Equity Capital shares last traded at GBX 363, with a volume of 10,808 shares.

Strategic Equity Capital Stock Performance

The stock has a 50 day moving average of GBX 363.08 and a two-hundred day moving average of GBX 365.81. The firm has a market capitalization of £123.15 million, a P/E ratio of 9.49 and a beta of 0.74.

Strategic Equity Capital Company Profile

(Get Free Report)

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.

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