HarbourVest Global Private Equity (LON:HVPE) Sets New 52-Week High – Should You Buy?

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 47 and last traded at GBX 3,405, with a volume of 293973 shares traded. The stock had previously closed at GBX 3,370.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HarbourVest Global Private Equity in a report on Friday, May 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

HarbourVest Global Private Equity Trading Up 1.0%

The company has a quick ratio of 143.41, a current ratio of 9.08 and a debt-to-equity ratio of 13.36. The stock’s 50 day moving average is GBX 3,326.97 and its 200-day moving average is GBX 3,165.49. The company has a market cap of £2.38 billion, a PE ratio of 7.45 and a beta of 0.43.

Insider Buying and Selling at HarbourVest Global Private Equity

In other HarbourVest Global Private Equity news, insider Alan Devine bought 1,485 shares of HarbourVest Global Private Equity stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average cost of GBX 3,365 per share, for a total transaction of £49,970.25. 0.38% of the stock is currently owned by company insiders.

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.