Strategic Equity Capital (LON:SEC) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

Key Points

• Shares of Strategic Equity Capital (LON:SEC) have crossed above the fifty-day moving average, trading at GBX 374 ($5.05) after reaching a high of GBX 375 ($5.06).
• The company's market capitalization stands at £172.60 million, with a price-to-earnings ratio of 6.74 and a beta of 0.73.
• Strategic Equity Capital primarily focuses on investing in high-quality, dynamic UK smaller companies, aiming for medium-term capital growth.

Shares of Strategic Equity Capital (LON:SEC - ) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 373.25 ($5.04) and traded as high as GBX 375 ($5.06). Strategic Equity Capital shares last traded at GBX 374 ($5.05), with a volume of 49,666 shares.

Strategic Equity Capital Stock Performance

The business has a 50 day moving average of GBX 373.25 and a two-hundred day moving average of GBX 330.64. The firm has a market capitalization of £172.60 million, a price-to-earnings ratio of 6.74 and a beta of 0.73.

About Strategic Equity Capital

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.

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