NB Private Equity Partners (LON:NBPE) Stock Passes Above Fifty Day Moving Average – Here’s Why

NB Private Equity Partners (LON:NBPE)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,463.77 and traded as high as GBX 1,490. NB Private Equity Partners shares last traded at GBX 1,476, with a volume of 108,323 shares traded.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating on shares of NB Private Equity Partners in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

NB Private Equity Partners Stock Performance

The company has a current ratio of 4.29, a quick ratio of 9.48 and a debt-to-equity ratio of 13.05. The firm has a market cap of £595.34 million, a price-to-earnings ratio of 17.16 and a beta of 0.21. The stock has a fifty day moving average price of GBX 1,463.77 and a 200 day moving average price of GBX 1,439.61.

Insider Transactions at NB Private Equity Partners

In related news, insider Louisa Symington Mills purchased 1,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were bought at an average price of GBX 1,400 per share, for a total transaction of £14,000. 0.43% of the stock is owned by insiders.

About NB Private Equity Partners

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.