St Peter Port Capital (LON:SPPC) Shares Down 7.7%
St Peter Port Capital Limited (LON:SPPC)’s stock price fell 7.7% during mid-day trading on Monday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 3 ($0.04), 125,000 shares traded hands during mid-day trading. An increase of 2,048% from the average session volume of 5,820 shares. The stock had previously closed at GBX 3.25 ($0.04).
Separately, Shore Capital reaffirmed a “house stock” rating on shares of St Peter Port Capital in a research report on Friday, May 29th.
The company’s 50-day simple moving average is GBX 2.09 and its 200-day simple moving average is GBX 3.33.
St Peter Port Capital Limited is a closed-ended investment company. The Company primarily invests in unquoted companies, which are close to a liquidity event. It seeks to generate value by investing in growth companies shortly before an initial public offering (IPO) or other exit event. Its principal focus is on companies targeting the United Kingdom, the United States and Commonwealth stock markets although pre-IPO companies looking to float on other exchanges are also considered.
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