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

Strategic Equity Capital (LON:SEC) shares crossed 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 trading hands.

Strategic Equity Capital Price Performance

The business has a 50 day simple moving average of GBX 329.44 and a 200 day simple moving average of GBX 350.79. The company has a market cap of £154.29 million, a price-to-earnings ratio of 623.08 and a beta of 0.73.

Strategic Equity Capital Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 13th. Stockholders of record on Thursday, October 10th were given a dividend of GBX 3.50 ($0.04) per share. This represents a dividend 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 dividend payout ratio is presently 576.92%.

Insider Activity

In other Strategic Equity Capital news, insider Howard Williams purchased 107 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of GBX 324 ($4.07) per share, for a total transaction of £346.68 ($435.69). 5.95% of the stock is owned by insiders.

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.