HarbourVest Global Private Equity (LON:HVPE) Earns Hold Rating from Jefferies Financial Group

HarbourVest Global Private Equity (LON:HVPE)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a report issued on Wednesday,London Stock Exchange reports.

HarbourVest Global Private Equity Stock Performance

Shares of HVPE stock traded up GBX 30 during mid-day trading on Wednesday, hitting GBX 3,460. 123,024 shares of the stock were exchanged, compared to its average volume of 207,520. The stock’s fifty day simple moving average is GBX 3,361.81 and its two-hundred day simple moving average is GBX 3,191.04. The company has a debt-to-equity ratio of 13.36, a quick ratio of 143.41 and a current ratio of 9.08. HarbourVest Global Private Equity has a 12-month low of GBX 2,660 and a 12-month high of GBX 3,480. The stock has a market capitalization of £2.41 billion, a price-to-earnings ratio of 7.57 and a beta of 0.43.

Insider Activity

In other news, insider Alan Devine purchased 1,485 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were purchased at an average price 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.

About HarbourVest Global Private Equity

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.