Standard Life Private Equity Trust (LON:SLPE) Stock Price Down 2.3% – What’s Next?

Standard Life Private Equity Trust (LON:SLPE)’s stock price was down 2.3% during mid-day trading on Monday . The company traded as low as GBX 596 and last traded at GBX 606. Approximately 145,229 shares changed hands during trading, a decline of 8% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 620.

Standard Life Private Equity Trust Price Performance

The business’s fifty day moving average price is GBX 598.86 and its 200-day moving average price is GBX 604.09. The stock has a market capitalization of £931.70 million and a PE ratio of 3.25.

About Standard Life Private Equity Trust

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).