HarbourVest Global Private Equity (LON:HVPE) Hits New 12-Month High – Time to Buy?

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,480 and last traded at GBX 3,472.80, with a volume of 15767 shares changing hands. The stock had previously closed at GBX 3,435.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HarbourVest Global Private Equity in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

HarbourVest Global Private Equity Stock Up 1.3%

The company’s fifty day simple moving average is GBX 3,367.31 and its 200-day simple moving average is GBX 3,203.46. The company has a debt-to-equity ratio of 13.36, a current ratio of 9.08 and a quick ratio of 143.41. The firm has a market capitalization of £2.42 billion, a PE ratio of 7.61 and a beta of 0.43.

Insider Buying and Selling at HarbourVest Global Private Equity

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