Strategic Equity Capital (LON:SEC) Shares Cross Below 50-Day Moving Average – Time to Sell?

by · The Markets Daily

Strategic Equity Capital (LON:SEC – Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 329.44 ($4.14) and traded as low as GBX 324 ($4.07). Strategic Equity Capital shares last traded at GBX 324 ($4.07), with a volume of 186,859 shares changing hands.

Strategic Equity Capital Stock Performance

The stock has a market capitalization of £154.29 million, a P/E ratio of 623.08 and a beta of 0.73. The stock has a 50-day moving average price of GBX 329.44 and a two-hundred day moving average price of GBX 350.71.

Strategic Equity Capital Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 13th. Investors of record on Thursday, October 10th were issued a GBX 3.50 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 1%. This is a boost from Strategic Equity Capital’s previous dividend of $2.50. Strategic Equity Capital’s payout ratio is 576.92%.

Insiders Place Their Bets

In other news, insider Howard Williams acquired 107 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were acquired at an average cost of GBX 324 ($4.07) per share, with a total value of £346.68 ($435.69). Company insiders own 5.95% of the company’s stock.

Strategic Equity Capital Company Profile

(Get Free Report)

Strategic Equity Capital plc is a closed-ended equity mutual fund launched and managed by GVO Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than GBP 150 million.

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