Strategic Equity Capital (LON:SEC) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Key Points

• Strategic Equity Capital (LON:SEC) stock recently surpassed its fifty-day moving average of GBX 352.29, trading as high as GBX 383 during the session.
• The company, with a market cap of £175.84 million, focuses on a concentrated portfolio of 15-25 high-quality UK smaller companies aimed at achieving capital growth over the medium term.
• Currently, the stock has a price-to-earnings ratio of 6.87 and a beta of 0.73, indicating its relative stability in the market.

Strategic Equity Capital (LON:SEC - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 352.29 ($4.71) and traded as high as GBX 383 ($5.12). Strategic Equity Capital shares last traded at GBX 376 ($5.02), with a volume of 11,845 shares changing hands.

Strategic Equity Capital Price Performance

The stock has a market capitalization of £174.45 million, a price-to-earnings ratio of 6.82 and a beta of 0.73. The business has a 50 day simple moving average of GBX 354.57 and a 200-day simple moving average of GBX 321.72.

Strategic Equity Capital Company Profile

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.