HarbourVest Global Private Equity (LON:HVPE) Hits New 1-Year High – What’s Next?

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 47 and last traded at GBX 3,365, with a volume of 2056814 shares traded. The stock had previously closed at GBX 3,430.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “hold” rating on shares of HarbourVest Global Private Equity in a report on Friday, May 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, HarbourVest Global Private Equity has an average rating of “Moderate Buy”.

HarbourVest Global Private Equity Price Performance

The company has a debt-to-equity ratio of 13.60, a current ratio of 9.48 and a quick ratio of 143.41. The stock has a market capitalization of £2.37 billion, a price-to-earnings ratio of 7.27 and a beta of 0.41. The stock’s 50 day simple moving average is GBX 3,159.81 and its 200-day simple moving average is GBX 3,101.50.

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.