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

Standard Life Private Equity Trust (LON:SLPEGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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.

Standard Life Private Equity Trust Trading Up 1.0%

The company has a 50-day moving average price of GBX 613.55 and a two-hundred day moving average price of GBX 604.65. The stock has a market capitalization of £928.63 million and a P/E ratio of 3.24.

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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