HarbourVest Global Private Equity (LON:HVPE) Stock Falls 0.1% – What’s Next?

HarbourVest Global Private Equity Ltd. (LON:HVPE) was down 0.1% during mid-day trading on Monday. The company traded as low as GBX 3,325 and last traded at GBX 3,355. Approximately 34,507 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 189,156 shares. The stock had previously closed at GBX 3,360.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “hold” rating on shares of HarbourVest Global Private Equity in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

HarbourVest Global Private Equity Stock Performance

The stock has a market cap of £2.32 billion, a P/E ratio of 13.98 and a beta of 0.43. The company has a quick ratio of 143.41, a current ratio of 36.40 and a debt-to-equity ratio of 11.35. The business has a 50 day moving average price of GBX 3,304.47 and a two-hundred day moving average price of GBX 3,239.04.

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.