Strategic Equity Capital (LON:SEC) Shares Cross Below Fifty Day Moving Average – What’s Next?

Strategic Equity Capital (LON:SEC) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-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 traded.

Strategic Equity Capital Trading Down 0.9 %

The business’s fifty day moving average is GBX 329.44 and its 200 day moving average is GBX 350.79. The firm has a market capitalization of £154.29 million, a P/E ratio of 623.08 and a beta of 0.73.

Strategic Equity Capital Increases Dividend

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

Insider Buying and Selling at Strategic Equity Capital

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

Strategic Equity Capital Company Profile

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.