NB Private Equity Partners (LON:NBPE) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

NB Private Equity Partners (LON:NBPE) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,452.12 and traded as high as GBX 1,460.32. NB Private Equity Partners shares last traded at GBX 1,457.52, with a volume of 111,277 shares changing hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating on shares of NB Private Equity Partners in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, NB Private Equity Partners currently has an average rating of “Buy”.

NB Private Equity Partners Price Performance

The company has a 50 day moving average of GBX 1,452.12 and a 200-day moving average of GBX 1,442.28. The firm has a market capitalization of £598.08 million, a P/E ratio of 16.96 and a beta of 0.21. The company has a current ratio of 4.29, a quick ratio of 9.48 and a debt-to-equity ratio of 13.05.

Insiders Place Their Bets

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

About NB Private Equity Partners

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.