Shares of Standard Life Private Equity Trust (LON:SLPE – Get Free Report) dropped 1.8% on Wednesday . The company traded as low as GBX 559 ($6.96) and last traded at GBX 559 ($6.96). Approximately 62,237 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 157,693 shares. The stock had previously closed at GBX 569 ($7.08).
Standard Life Private Equity Trust Stock Performance
The stock has a 50 day moving average of GBX 540.28 and a two-hundred day moving average of GBX 533.54. The firm has a market capitalization of £859.44 million and a P/E ratio of 3.60.
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.
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