HarbourVest Global Private Equity (LON:HVPE) Hits New 12-Month High – Time to Buy?

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,480 and last traded at GBX 3,472.80, with a volume of 15767 shares trading hands. The stock had previously closed at GBX 3,435.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of HarbourVest Global Private Equity in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, HarbourVest Global Private Equity currently has a consensus rating of “Moderate Buy”.

HarbourVest Global Private Equity Stock Performance

The company has a debt-to-equity ratio of 13.36, a quick ratio of 143.41 and a current ratio of 9.08. The firm’s 50 day simple moving average is GBX 3,367.31 and its 200 day simple moving average is GBX 3,203.46. The firm has a market capitalization of £2.42 billion, a price-to-earnings ratio of 7.61 and a beta of 0.43.

Insider Buying and Selling at HarbourVest Global Private Equity

In other HarbourVest Global Private Equity news, insider Alan Devine bought 1,485 shares of HarbourVest Global Private Equity stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average price of GBX 3,365 per share, with a total value of £49,970.25. 0.38% of the stock is owned by 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.