NB Private Equity Partners (LON:NBPE) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

NB Private Equity Partners (LON:NBPE) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,547.10 ($20.09) and traded as low as GBX 1,500 ($19.48). NB Private Equity Partners shares last traded at GBX 1,512 ($19.63), with a volume of 36,806 shares trading hands.

NB Private Equity Partners Stock Performance

The stock’s fifty day simple moving average is GBX 1,546.70 and its 200-day simple moving average is GBX 1,559.95. The company has a quick ratio of 9.48, a current ratio of 6.29 and a debt-to-equity ratio of 13.30. The company has a market capitalization of £888.57 million, a PE ratio of -40.18 and a beta of 0.72.

NB Private Equity Partners Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd were issued a $0.47 dividend. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 2.45%. NB Private Equity Partners’s dividend payout ratio (DPR) is -186.22%.

About NB Private Equity Partners

NB 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 Berman, a leading private markets investor, NBPE leverages the strength of Neuberger Berman’s 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.