Standard Life Private Equity Trust (LON:SLPE) Stock Price Down 0.9% – Should You Sell?

Shares of Standard Life Private Equity Trust (LON:SLPE) were down 0.9% during trading on Wednesday . The stock traded as low as GBX 558 ($7.02) and last traded at GBX 558 ($7.02). Approximately 48,921 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 563 ($7.08).

Standard Life Private Equity Trust Price Performance

The stock has a market cap of £857.90 million and a price-to-earnings ratio of 3.60. The stock’s 50 day simple moving average is GBX 551.86 and its two-hundred day simple moving average is GBX 536.40.

Standard Life Private Equity Trust Company Profile

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.