Standard Life Private Equity Trust (LON:SLPE) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Standard Life Private Equity Trust (LON:SLPEGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 613.55 and traded as low as GBX 598. Standard Life Private Equity Trust shares last traded at GBX 598, with a volume of 28,148 shares traded.

Standard Life Private Equity Trust Price Performance

The firm has a market capitalization of £928.63 million and a P/E ratio of 3.24. The business’s 50-day moving average is GBX 613.55 and its 200 day moving average is GBX 604.65.

Standard Life Private Equity Trust Company Profile

(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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