HarbourVest Global Private Equity (LON:HVPE) Shares Cross Above 50-Day Moving Average – Here’s Why

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 3,128.86 and traded as high as GBX 3,180. HarbourVest Global Private Equity shares last traded at GBX 3,180, with a volume of 108,752 shares.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reissued a “buy” rating on shares of HarbourVest Global Private Equity in a report on Thursday, October 30th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, HarbourVest Global Private Equity has an average rating of “Buy”.

HarbourVest Global Private Equity Price Performance

The business has a fifty day moving average of GBX 3,128.86 and a 200 day moving average of GBX 2,948.26. The firm has a market cap of £2.31 billion, a P/E ratio of 6.92 and a beta of 0.62. The company has a quick ratio of 143.41, a current ratio of 18.64 and a debt-to-equity ratio of 7.01.

HarbourVest Global Private Equity Company Profile

HVPE exists to provide easy access to a diversified global portfolio of high-quality private companies by investing in HarbourVest-managed funds, through which we help support innovation and growth in a responsible manner, creating value for all our stakeholders.

Our focus is on building a comprehensive global portfolio of the highest quality investments, in a proactive yet measured way, with the strength of our balance sheet underpinning everything we do.

Our multi-layered investment approach creates diversification, helping to spread risk, and is fundamental to our aim of creating a portfolio that no individual investor can replicate.