Strategic Equity Capital (LON:SEC) Shares Pass Below 200-Day Moving Average - Should You Sell?

Shares of Strategic Equity Capital (LON:SEC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 354.82 ($4.60) and traded as low as GBX 336 ($4.36). Strategic Equity Capital shares last traded at GBX 336 ($4.36), with a volume of 224,458 shares traded.

Strategic Equity Capital Price Performance

The business has a 50 day simple moving average of GBX 343.99 and a 200 day simple moving average of GBX 354.68. The company has a market capitalization of £158.10 million, a price-to-earnings ratio of 634.62 and a beta of 0.73.

Strategic Equity Capital Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Thursday, October 10th will be paid a GBX 3.50 ($0.05) dividend. This is a positive change from Strategic Equity Capital's previous dividend of $2.50. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 1%. Strategic Equity Capital's dividend payout ratio (DPR) is presently 576.92%.

Insider Buying and Selling

In related news, insider Howard Williams acquired 10,000 shares of Strategic Equity Capital stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average cost of GBX 321 ($4.16) per share, for a total transaction of £32,100 ($41,628.84). 5.95% of the stock is owned by insiders.

Strategic Equity Capital Company Profile

Strategic Equity Capital plc is a closed-ended equity mutual fund launched and managed by GVO Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than GBP 150 million.