Standard Life Private Equity Trust (LON:SLPE – Get Free Report)’s share price dropped 0.2% during mid-day trading on Tuesday . The company traded as low as GBX 538 ($6.89) and last traded at GBX 550 ($7.04). Approximately 63,586 shares traded hands during trading, a decline of 60% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 551 ($7.06).
Standard Life Private Equity Trust Stock Performance
The stock’s 50-day simple moving average is GBX 551.56 and its 200-day simple moving average is GBX 533.90. The firm has a market capitalization of £845.60 million and a PE ratio of 3.54.
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.
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