Strategic Equity Capital (LON:SEC) Shares Cross Above 50 Day Moving Average – Here’s Why

Strategic Equity Capital (LON:SECGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 376.05 and traded as high as GBX 393. Strategic Equity Capital shares last traded at GBX 378, with a volume of 17,903 shares changing hands.

Strategic Equity Capital Stock Performance

The company has a market cap of £162.39 million, a P/E ratio of -65.74 and a beta of 0.73. The business’s 50-day moving average price is GBX 376.05 and its 200 day moving average price is GBX 366.72.

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 net margin of 88.65% and a return on equity of 14.97%.

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.

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