Strategic Equity Capital (LON:SEC) Shares Pass Below Fifty Day Moving Average - Here's Why

Key Points

• Strategic Equity Capital's share price fell below its fifty-day moving average, trading as low as GBX 352 ($4.73) while the moving average stands at GBX 377.15 ($5.07).
• The company's current market cap is £155.15 million, and it has an unusually high price-to-earnings ratio of 2,549.89.
• Strategic Equity Capital focuses on a concentrated portfolio of 15-25 UK smaller companies that offer structural growth opportunities and aims for investment growth through capital appreciation.

Strategic Equity Capital (LON:SEC - )'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 377.15 ($5.07) and traded as low as GBX 352 ($4.73). Strategic Equity Capital shares last traded at GBX 358 ($4.82), with a volume of 290,595 shares.

Strategic Equity Capital Stock Down 0.1%

The company's 50-day simple moving average is GBX 377.15 and its 200-day simple moving average is GBX 340.20. The stock has a market cap of £155.15 million, a price-to-earnings ratio of 2,549.89 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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