Strategic Equity Capital (LON:SEC) Stock Price Breaks Above 50-Day Moving Average – Time to Sell?

Shares of Strategic Equity Capital (LON:SEC) passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 376.80 and traded as high as GBX 395.59. Strategic Equity Capital shares last traded at GBX 394.70, with a volume of 77,163 shares trading hands.

Strategic Equity Capital Stock Down 1.5%

The stock’s 50 day moving average is GBX 376.80 and its two-hundred day moving average is GBX 364.50. The company has a market capitalization of £122.19 million, a PE ratio of -86.24 and a beta of 0.65.

Strategic Equity Capital (LON:SEC) last issued its earnings results on Wednesday, September 23rd. The investment trust reported GBX 0.73 earnings per share (EPS) for the quarter. Strategic Equity Capital had a negative net margin of 164.12% and a negative return on equity of 1.28%.

Insider Transactions at Strategic Equity Capital

In related news, insider Will Rogers purchased 5,100 shares of the business’s stock in a transaction dated Monday, September 28th. The shares were acquired at an average cost of GBX 405 per share, for a total transaction of £20,655. Company insiders own 15.13% of the company’s stock.

Strategic Equity Capital Company Profile

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.