Standard Life Private Equity Trust (LON:SLPE) Shares Up 0.4% - What's Next?

Key Points

• Standard Life Private Equity Trust shares increased by 0.4% during trading, reaching a last traded price of GBX 564 ($7.56).
• The stock is currently experiencing lower trading volume, with 64,691 shares exchanged, down 59% from its average session volume.
• SL Private Equity Trust specializes in fund of funds and direct investments in sectors such as healthcare and oil and gas services, targeting mid-market buyouts.

Standard Life Private Equity Trust (LON:SLPE - )'s share price shot up 0.4% during trading on Wednesday . The company traded as high as GBX 566 ($7.59) and last traded at GBX 564 ($7.56). 64,691 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 157,693 shares. The stock had previously closed at GBX 562 ($7.53).

Standard Life Private Equity Trust Trading Up 0.4%

The business has a 50-day moving average price of GBX 549.34 and a 200-day moving average price of GBX 553.56. The stock has a market cap of £867.13 million and a PE ratio of 302.90.

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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