Standard Life Private Equity Trust (LON:SLPE) Shares Cross Below 50-Day Moving Average – Here’s Why

Standard Life Private Equity Trust (LON:SLPEGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 613.23 and traded as low as GBX 610. Standard Life Private Equity Trust shares last traded at GBX 614, with a volume of 257,494 shares changing hands.

Standard Life Private Equity Trust Stock Down 1.6%

The stock has a market capitalization of £928.63 million and a P/E ratio of 3.24. The company has a fifty day moving average price of GBX 613.23 and a 200-day moving average price of GBX 605.89.

About Standard Life Private Equity Trust

(Get Free Report)

SL Private Equity specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in healthcare, oil and gas services, educational publishing, aero-engineering, and capital goods outside Europe. Within fund of fund investments it seeks to invest in private equity funds focused on mid to large sized buyouts. It seeks to invest in funds investing in companies with enterprise values ranging between EUR100 million ($111.10 million) and EUR2 billion ($2,881.60 million).

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