HarbourVest Global Private Equity’s (HVPE) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of HarbourVest Global Private Equity (LON:HVPE) in a research report released on Wednesday, Marketbeat.com reports.

HarbourVest Global Private Equity Trading Up 0.8%

LON:HVPE opened at GBX 3,457.54 on Wednesday. HarbourVest Global Private Equity has a one year low of GBX 2,710 and a one year high of GBX 3,480. The business’s 50-day simple moving average is GBX 3,364.79 and its 200 day simple moving average is GBX 3,197. The company has a debt-to-equity ratio of 13.36, a quick ratio of 143.41 and a current ratio of 9.08. The stock has a market cap of £2.40 billion, a price-to-earnings ratio of 7.57 and a beta of 0.43.

Insider Activity at HarbourVest Global Private Equity

In related news, insider Alan Devine purchased 1,485 shares of HarbourVest Global Private Equity stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 3,365 per share, with a total value of £49,970.25. Insiders own 0.38% of the company’s stock.

About HarbourVest Global Private Equity

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.