HarbourVest Global Private Equity (LON:HVPE) Sets New 1-Year High - Time to Buy?

Key Points

• HarbourVest Global Private Equity Ltd. reached a new 52-week high of GBX 2,800, reflecting positive trading momentum.
• The company's market capitalization is approximately £2.04 billion, with a notably high price-to-earnings ratio of 1,021.90.
• HVPE aims to offer a diversified portfolio of high-quality private companies, supporting innovation and growth through its investments in HarbourVest-managed funds.

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 38.50 ($0.52) and last traded at GBX 2,800 ($37.73), with a volume of 83069 shares traded. The stock had previously closed at GBX 2,820 ($38.00).

HarbourVest Global Private Equity Stock Performance

The stock's 50-day moving average price is GBX 2,738.90 and its 200 day moving average price is GBX 2,564.35. The company has a debt-to-equity ratio of 7.01, a current ratio of 18.64 and a quick ratio of 143.41. The firm has a market cap of £2.03 billion, a P/E ratio of 1,016.42 and a beta of 0.62.

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.