Strategic Equity Capital (LON:SEC) Posts Earnings Results

Strategic Equity Capital (LON:SEC) posted its quarterly earnings results on Wednesday. The investment trust reported GBX 3.70 ($0.05) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Strategic Equity Capital had a net margin of 88.65% and a return on equity of 14.97%.

Strategic Equity Capital Stock Up 0.7 %

Shares of SEC traded up GBX 2.17 ($0.03) during trading hours on Friday, reaching GBX 304.17 ($3.83). 85,127 shares of the company traded hands, compared to its average volume of 62,909. The stock has a market capitalization of £140.38 million, a PE ratio of 5.48 and a beta of 0.73. The stock has a fifty day simple moving average of GBX 319.49 and a 200 day simple moving average of GBX 333.83. Strategic Equity Capital has a fifty-two week low of GBX 300.16 ($3.78) and a fifty-two week high of GBX 379 ($4.78).

Insiders Place Their Bets

In related news, insider Howard Williams acquired 107 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average cost of GBX 324 ($4.08) per share, with a total value of £346.68 ($436.95). 5.95% of the stock is owned by corporate insiders.

Strategic Equity Capital Company Profile

Strategic Equity Capital is a specialist alternative equity Trust.

Actively managed, it maintains a highly-concentrated portfolio of 15-25 high-quality, dynamic UK smaller companies, each operating in a niche market offering structural growth opportunities.

SEC aims to achieve investment growth over a medium-term period, principally through capital growth.