Standard Life Private Equity Trust (LON:SLPE) Stock Price Down 0.7% – What’s Next?

Standard Life Private Equity Trust (LON:SLPE)’s share price was down 0.7% during trading on Wednesday . The stock traded as low as GBX 607 and last traded at GBX 609. Approximately 68,342 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 613.

Standard Life Private Equity Trust Stock Performance

The firm has a market capitalization of £936.31 million and a price-to-earnings ratio of 3.27. The company has a fifty day moving average of GBX 616.91 and a two-hundred day moving average of GBX 585.95.

About Standard Life Private Equity Trust

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).