HarbourVest Global Private Equity (LON:HVPE) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

HarbourVest Global Private Equity Ltd. (LON:HVPEGet Free Report)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 3,367.31 and traded as high as GBX 3,475. HarbourVest Global Private Equity shares last traded at GBX 3,430.67, with a volume of 57,724 shares trading hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on HarbourVest Global Private Equity

HarbourVest Global Private Equity Stock Down 0.4%

The company has a 50-day moving average of GBX 3,367.31 and a 200-day moving average of GBX 3,203.46. The company has a market capitalization of £2.38 billion, a price-to-earnings ratio of 7.48 and a beta of 0.43. The company has a current ratio of 9.08, a quick ratio of 143.41 and a debt-to-equity ratio of 13.36.

Insiders Place Their Bets

In other HarbourVest Global Private Equity news, insider Alan Devine purchased 1,485 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were acquired at an average price of GBX 3,365 per share, for a total transaction of £49,970.25. Corporate insiders own 0.38% of the company’s stock.

HarbourVest Global Private Equity Company Profile

(Get Free Report)

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.

Further Reading

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