HarbourVest Global Private Equity’s (HVPE) “Hold” Rating Reaffirmed at Jefferies Financial Group

HarbourVest Global Private Equity (LON:HVPE)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a report released on Wednesday,London Stock Exchange reports.

HarbourVest Global Private Equity Stock Up 0.9%

HVPE stock traded up GBX 30 during mid-day trading on Wednesday, reaching GBX 3,460. The company had a trading volume of 123,024 shares, compared to its average volume of 207,520. 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 company has a market capitalization of £2.41 billion, a price-to-earnings ratio of 7.57 and a beta of 0.43. The firm has a fifty day simple moving average of GBX 3,361.81 and a 200 day simple moving average of GBX 3,191.04. HarbourVest Global Private Equity has a fifty-two week low of GBX 2,660 and a fifty-two week high of GBX 3,480.

Insiders Place Their Bets

In other news, insider Alan Devine purchased 1,485 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average price of GBX 3,365 per share, for a total transaction of £49,970.25. 0.38% of the stock is currently owned by company 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.