Strategic Equity Capital (LON:SEC) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Strategic Equity Capital (LON:SEC) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 337.15 ($4.27) and traded as high as GBX 338 ($4.28). Strategic Equity Capital shares last traded at GBX 336 ($4.26), with a volume of 84,346 shares changing hands.

Strategic Equity Capital Trading Down 0.3 %

The stock has a market cap of £159.53 million, a P/E ratio of 646.15 and a beta of 0.73. The stock’s fifty day moving average price is GBX 337.15 and its 200 day moving average price is GBX 355.13.

Strategic Equity Capital Increases Dividend

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

Insider Activity

In other news, insider Howard Williams purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were bought at an average price of GBX 321 ($4.07) per share, for a total transaction of £32,100 ($40,689.57). Company 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.