HarbourVest Global Private Equity (LON:HVPE) Hits New 12-Month High - Still a Buy?

Key Points

• HarbourVest Global Private Equity (LON:HVPE) shares reached a new 12-month high of GBX 2,760 ($37.28) during trading, indicating a strong market performance.
• The company's debt-to-equity ratio stands at 7.01, alongside a significant current ratio of 18.64, suggesting a robust financial position.
• With a market capitalization of £2.55 billion and a PE ratio of 259.53, the firm aims to provide access to a diversified portfolio of high-quality private companies through a proactive investment strategy.

HarbourVest Global Private Equity Ltd. (LON:HVPE - )'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 37.50 ($0.51) and last traded at GBX 2,760 ($37.28), with a volume of 128887 shares changing hands. The stock had previously closed at GBX 2,760 ($37.28).

HarbourVest Global Private Equity Price Performance

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 company has a 50-day moving average price of GBX 2,590.82 and a 200 day moving average price of GBX 2,550.85. The firm has a market capitalization of £2.55 billion, a PE ratio of 259.53 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.

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