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

NB Private Equity Partners (LON:NBPEGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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 trading hands.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on NB Private Equity Partners

NB Private Equity Partners Price Performance

The company has a quick ratio of 9.48, a current ratio of 4.29 and a debt-to-equity ratio of 13.05. The company has a market capitalization of £601.16 million, a P/E ratio of 17.05 and a beta of 0.21. The business has a 50 day simple moving average of GBX 1,441.07 and a 200-day simple moving average of GBX 1,448.59.

Insider Activity at NB Private Equity Partners

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

About NB Private Equity Partners

(Get Free Report)

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.

Further Reading

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