HarbourVest Global Private Equity (LON:HVPE) Shares Pass Above 200 Day Moving Average – Here’s What Happened
by Michael Walen · The Markets DailyShares of HarbourVest Global Private Equity Ltd. (LON:HVPE – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,235.37 and traded as high as GBX 3,350. HarbourVest Global Private Equity shares last traded at GBX 3,313.88, with a volume of 146,123 shares trading hands.
Analyst Ratings Changes
Separately, Jefferies Financial Group reissued a “hold” rating on shares of HarbourVest Global Private Equity in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, HarbourVest Global Private Equity has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on HVPE
HarbourVest Global Private Equity Stock Performance
The stock’s 50 day simple moving average is GBX 3,370.77 and its two-hundred day simple moving average is GBX 3,235.37. The company has a market capitalization of £2.30 billion, a P/E ratio of 7.25 and a beta of 0.43. The company has a debt-to-equity ratio of 13.36, a current ratio of 9.08 and a quick ratio of 143.41.
Insider Buying and Selling at HarbourVest Global Private Equity
In related news, insider Alan Devine acquired 1,485 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average price of GBX 3,365 per share, for a total transaction of £49,970.25. 0.35% of the stock is currently owned by corporate insiders.
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.