HarbourVest Global Private Equity (LON:HVPE) Hits New 52-Week High - Still a Buy?

Key Points

• HarbourVest Global Private Equity shares hit a new 52-week high, reaching GBX 2,850 ($38.34) during trading Tuesday.
• The company has a market capitalization of £2.59 billion and a very high PE ratio of 263.62.
• HVPE aims to create a diversified portfolio of high-quality private companies through a multi-layered investment approach that spreads risk.

HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,850 ($38.50) and last traded at GBX 2,821.20 ($38.11), with a volume of 9245 shares changing hands. The stock had previously closed at GBX 2,850 ($38.50).

HarbourVest Global Private Equity Price Performance

The business's fifty day simple moving average is GBX 2,651.11 and its 200-day simple moving average is GBX 2,555.81. The firm has a market cap of £2.55 billion, a P/E ratio of 259.53 and a beta of 0.62. The company has a current ratio of 18.64, a quick ratio of 143.41 and a debt-to-equity ratio of 7.01.

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.