HarbourVest Global Private Equity (LON:HVPE) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3,235.37 and traded as high as GBX 3,350. HarbourVest Global Private Equity shares last traded at GBX 3,313.88, with a volume of 146,123 shares trading hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HarbourVest Global Private Equity in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, HarbourVest Global Private Equity has a consensus rating of “Moderate Buy”.

HarbourVest Global Private Equity Stock Performance

The stock’s 50 day simple moving average is GBX 3,370.77 and its two-hundred day simple moving average is GBX 3,235.37. The company has a market capitalization of £2.30 billion, a P/E ratio of 7.25 and a beta of 0.43. The company has a debt-to-equity ratio of 13.36, a current ratio of 9.08 and a quick ratio of 143.41.

Insider Buying and Selling at HarbourVest Global Private Equity

In related news, insider Alan Devine acquired 1,485 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was purchased at an average price of GBX 3,365 per share, for a total transaction of £49,970.25. 0.35% of the stock is currently owned by corporate 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.