HarbourVest Global Private Equity (LON:HVPE) Reaches New 12-Month High - Here's What Happened

Key Points

• Shares of HarbourVest Global Private Equity reached a new 52-week high of GBX 2,755 ($37.02) on Monday, marking a significant trading milestone with 113,959 shares exchanged.
• The company holds a market capitalization of £2.55 billion and has a notable P/E ratio of 259.06, reflecting its valuation in the market.
• HarbourVest focuses on providing investors access to a diversified global portfolio of high-quality private companies through its investments in HarbourVest-managed funds.

HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 37.40 ($0.49) and last traded at GBX 2,755 ($36.39), with a volume of 113959 shares changing hands. The stock had previously closed at GBX 2,765 ($36.53).

HarbourVest Global Private Equity Stock Down 1.7%

The business has a fifty day simple moving average of GBX 2,516.85 and a 200 day simple moving average of GBX 2,543.21. The firm has a market cap of £2.46 billion, a price-to-earnings ratio of 250.60 and a beta of 0.62. The company has a debt-to-equity ratio of 7.01, a current ratio of 18.64 and a quick ratio of 143.41.

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.