NB Private Equity Partners (LON:NBPE) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Shares of NB Private Equity Partners (LON:NBPE) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,441.07 and traded as low as GBX 1,430. NB Private Equity Partners shares last traded at GBX 1,460, with a volume of 38,909 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating on shares of NB Private Equity Partners in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

NB Private Equity Partners Stock Up 0.4%

The firm has a 50-day moving average of GBX 1,441.07 and a two-hundred day moving average of GBX 1,448.59. The firm has a market cap of £601.16 million, a price-to-earnings ratio of 17.05 and a beta of 0.21. The company has a current ratio of 4.29, a quick ratio of 9.48 and a debt-to-equity ratio of 13.05.

Insider Activity

In other NB Private Equity Partners news, insider Louisa Symington Mills bought 1,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were acquired at an average price of GBX 1,400 per share, with a total value of £14,000. Also, insider Pawan Dhir acquired 6,000 shares of the stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of GBX 1,380 per share, for a total transaction of £82,800. Insiders own 0.35% of the company’s stock.

NB Private Equity Partners Company Profile

Neuberger Private Equity Partners (NBPE) is a London listed FTSE-250 investment company which invests directly in private companies alongside some of the world’s leading private equity managers.

Managed by Neuberger, a leading private markets investor, Neuberger Private Equity Partners leverages the strength of Neuberger platform, relationships, deal flow and expertise to access the most attractive investment opportunities, providing shareholders with access to a portfolio of direct investments diversified by manager, sector, geography and size.