HarbourVest Global Private Equity (LON:HVPE) Reaches New 1-Year High - Still a Buy?

Key Points

• HarbourVest Global Private Equity's stock reached a new 52-week high, trading at GBX 2,955.24 ($39.42), up from a previous close of GBX 2,940 ($39.22).
• The company boasts a debt-to-equity ratio of 7.01 and a market capitalization of £2.15 billion, indicating strong performance metrics.
• HVPE aims to create a diversified global portfolio through HarbourVest-managed funds, focusing on supporting innovation and growth.

HarbourVest Global Private Equity Ltd. (LON:HVPE - )'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 39.65 ($0.53) and last traded at GBX 2,955.24 ($39.42), with a volume of 272076 shares. The stock had previously closed at GBX 2,940 ($39.22).

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's 50-day simple moving average is GBX 2,805.74 and its 200-day simple moving average is GBX 2,589.58. The stock has a market capitalization of £2.15 billion, a P/E ratio of 1,078.55 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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