Standard Life Private Equity Trust (LON:SLPE) Trading Down 0.5% - Should You Sell?

Key Points

• Standard Life Private Equity Trust's share price fell by 0.5% to GBX 556 ($7.58) during mid-day trading on Wednesday, with trading volume down by 87% compared to the average.
• The company has a market capitalization of £854.83 million and a P/E ratio of 298.60, indicating a high valuation compared to earnings.
• SL Private Equity specializes in fund of funds and direct investments, focusing on mid-market buyouts and sectors such as healthcare and oil and gas services.

Standard Life Private Equity Trust (LON:SLPE - Get Free Report) dropped 0.5% on Wednesday . The stock traded as low as GBX 550 ($7.41) and last traded at GBX 556 ($7.49). Approximately 21,057 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 559 ($7.53).

Standard Life Private Equity Trust Trading Down 1.1%

The stock has a market cap of £851.75 million and a P/E ratio of 297.53. The business has a 50-day simple moving average of GBX 546.38 and a 200 day simple moving average of GBX 554.

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.