Standard Life Private Equity Trust (LON:SLPE) Trading 0.5% Higher - Here's What Happened

Standard Life Private Equity Trust (LON:SLPE - Get Free Report) shares shot up 0.5% during mid-day trading on Monday . The company traded as high as GBX 558 ($7.31) and last traded at GBX 558 ($7.31). 46,607 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 157,693 shares. The stock had previously closed at GBX 555 ($7.27).

Standard Life Private Equity Trust Price Performance

The firm has a market cap of £848.68 million and a P/E ratio of 3.56. The stock's 50-day simple moving average is GBX 561.70 and its two-hundred day simple moving average is GBX 542.78.

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.