Princess Private Equity (LON:PEY) Stock Price Breaks Below 200-Day Moving Average – Time to Sell?

Princess Private Equity (LON:PEY)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 7.72 and traded as low as GBX 6.68. Princess Private Equity shares last traded at GBX 6.68, with a volume of 64,533 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated an “underperform” rating on shares of Princess Private Equity in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Princess Private Equity presently has a consensus rating of “Sell”.

Princess Private Equity Trading Up 2.4%

The business’s 50-day simple moving average is GBX 7.07 and its 200-day simple moving average is GBX 7.72. The company has a market capitalization of £4.59 million, a PE ratio of -0.05 and a beta of 0.13.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments. The fund makes investments without limitations as to geographic regions, financing stage, vintage year, and industry.