Strategic Equity Capital (LON:SEC) Shares Pass Above Fifty Day Moving Average – Here’s Why

Strategic Equity Capital (LON:SECGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 374.51 and traded as high as GBX 389. Strategic Equity Capital shares last traded at GBX 389, with a volume of 40,558 shares.

Strategic Equity Capital Price Performance

The company has a market capitalization of £167.37 million, a P/E ratio of 27.63 and a beta of 0.73. The company has a fifty day moving average price of GBX 374.51 and a two-hundred day moving average price of GBX 357.49.

Strategic Equity Capital (LON:SECGet Free Report) last released its quarterly earnings results on Thursday, October 16th. The investment trust reported GBX 5.03 earnings per share for the quarter. Strategic Equity Capital had a return on equity of 14.97% and a net margin of 88.65%.

About Strategic Equity Capital

(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.

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