Standard Life Private Equity Trust PLC (LON:SLPE)’s stock price shot up 0.3% during trading on Thursday . The stock traded as high as GBX 339 ($4.43) and last traded at GBX 334 ($4.36), 59,243 shares traded hands during mid-day trading. A decline of 26% from the average session volume of 80,266 shares. The stock had previously closed at GBX 333 ($4.35).
The stock’s fifty day simple moving average is GBX 342.89. The stock has a market capitalization of $514.28 million and a PE ratio of 6.34.
The company also recently declared a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 20th will be issued a GBX 3.20 ($0.04) dividend. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, June 20th. Standard Life Private Equity Trust’s payout ratio is 0.25%.
Standard Life Private Equity Trust Company Profile (LON:SLPE)
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.