Standard Life Private Equity Trust (LON:SLPE) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Shares of Standard Life Private Equity Trust (LON:SLPE) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 604.76 and traded as high as GBX 616. Standard Life Private Equity Trust shares last traded at GBX 610, with a volume of 117,522 shares.

Standard Life Private Equity Trust Stock Performance

The company has a 50 day simple moving average of GBX 604.76 and a 200 day simple moving average of GBX 604.45. The company has a market capitalization of £937.85 million and a PE ratio of 3.28.

About Standard Life Private Equity Trust

SL Private Equity specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in healthcare, oil and gas services, educational publishing, aero-engineering, and capital goods outside Europe. Within fund of fund investments it seeks to invest in private equity funds focused on mid to large sized buyouts. It seeks to invest in funds investing in companies with enterprise values ranging between EUR100 million ($111.10 million) and EUR2 billion ($2,881.60 million).