Standard Life Private Equity Trust (LON:SLPE) Trading 3.4% Higher - Still a Buy?

Key Points

• Shares of Standard Life Private Equity Trust rose 3.4% to GBX 606 (intraday high GBX 612) on Wednesday, with 133,440 shares traded—about 15% below the average session volume.
• SLPE is a fund‑of‑funds and direct private equity investor targeting mid‑market buyouts and expansion capital in sectors such as healthcare, oil & gas services, educational publishing, aero‑engineering and capital goods outside Europe; the stock has a market cap of £931.7 million and a P/E of 3.25.

Standard Life Private Equity Trust (LON:SLPE - )'s share price traded up 3.4% during trading on Wednesday . The stock traded as high as GBX 612 and last traded at GBX 606. 133,440 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 157,693 shares. The stock had previously closed at GBX 586.

Standard Life Private Equity Trust Stock Up 3.4%

The firm has a 50 day moving average of GBX 590.75 and a 200 day moving average of GBX 598.39. The firm has a market cap of £931.70 million and a PE ratio of 3.25.

Standard Life Private Equity Trust Company Profile

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. It seeks to invest in funds investing in companies with enterprise values ranging between EUR100 million ($111.10 million) and EUR2 billion ($2,881.60 million).

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