HarbourVest Global Private Equity (LON:HVPE) Hits New 1-Year High - Here's Why

Key Points

• HarbourVest Global Private Equity's share price reached a new 52-week high at GBX 2,890 ($38.86) on Wednesday, increasing from the previous close of GBX 2,850 ($38.32).
• The company's market capitalization stands at £2.08 billion, with a remarkably high P/E ratio of 1,041.97 and a debt-to-equity ratio of 7.01.
• HVPE focuses on creating a diversified global portfolio of high-quality investments through HarbourVest-managed funds, aimed at supporting innovation and responsible growth.

HarbourVest Global Private Equity Ltd. (LON:HVPE - )'s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 2,890 ($38.86) and last traded at GBX 2,865.23 ($38.53), with a volume of 65315 shares. The stock had previously closed at GBX 2,850 ($38.32).

HarbourVest Global Private Equity Price Performance

The company has a market cap of £2.08 billion, a P/E ratio of 1,041.97 and a beta of 0.62. The company has a debt-to-equity ratio of 7.01, a quick ratio of 143.41 and a current ratio of 18.64. The firm's fifty day moving average is GBX 2,774.70 and its two-hundred day moving average is GBX 2,573.42.

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.

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