Strategic Equity Capital (LON:SEC) Stock Crosses Above 50-Day Moving Average – Here’s Why

Strategic Equity Capital (LON:SECGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 378.82 and traded as high as GBX 398.29. Strategic Equity Capital shares last traded at GBX 397.65, with a volume of 7,794 shares trading hands.

Strategic Equity Capital Price Performance

The company has a market capitalization of £148.29 million, a P/E ratio of -68.70 and a beta of 0.73. The stock’s 50 day moving average is GBX 378.82 and its 200-day moving average is GBX 377.56.

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. 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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