Standard Life Private Equity Trust (LON:SLPE) Trading Down 0.5% - Here's What Happened

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 - )'s share price was down 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 550 ($7.50) and last traded at GBX 556 ($7.58). 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 ($7.62).

Standard Life Private Equity Trust Price Performance

The stock has a 50-day simple moving average of GBX 545.96 and a 200-day simple moving average of GBX 554.17. The stock has a market cap of £854.83 million and a P/E ratio of 298.60.

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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