Strategic Equity Capital (LON:SEC) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Strategic Equity Capital (LON:SEC) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 354.82 ($4.60) and traded as low as GBX 336 ($4.36). Strategic Equity Capital shares last traded at GBX 336 ($4.36), with a volume of 224,458 shares trading hands.

Strategic Equity Capital Trading Down 1.2 %

The company’s 50 day moving average price is GBX 343.18 and its two-hundred day moving average price is GBX 354.70. The stock has a market cap of £158.10 million, a P/E ratio of 638.46 and a beta of 0.73.

Strategic Equity Capital Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Thursday, October 10th will be paid a dividend of GBX 3.50 ($0.05) per share. This represents a dividend yield of 1%. This is an increase from Strategic Equity Capital’s previous dividend of $2.50. The ex-dividend date is Thursday, October 10th. Strategic Equity Capital’s dividend payout ratio is presently 576.92%.

Insider Buying and Selling

In related news, insider Howard Williams bought 10,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was bought at an average cost of GBX 321 ($4.16) per share, for a total transaction of £32,100 ($41,628.84). 5.95% of the stock is owned by company 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.