HarbourVest Global Private Equity (LON:HVPE) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

HarbourVest Global Private Equity Ltd. (LON:HVPE) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 2,922.40 and traded as high as GBX 2,940. HarbourVest Global Private Equity shares last traded at GBX 2,895, with a volume of 112,850 shares trading hands.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus reiterated a “buy” rating on shares of HarbourVest Global Private Equity in a research note on Thursday, October 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

HarbourVest Global Private Equity Stock Up 1.0%

The company has a market cap of £2.12 billion, a P/E ratio of 6.32 and a beta of 0.62. The stock’s 50-day moving average price is GBX 2,922.40 and its 200-day moving average price is GBX 2,702.89. The company has a current ratio of 18.64, a quick ratio of 143.41 and a debt-to-equity ratio of 7.01.

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.