HarbourVest Global Private Equity (LON:HVPE) Sets New 12-Month High - What's Next?

Key Points

• Shares of HarbourVest Global Private Equity hit a new 52-week high of GBX 3,270, then last traded at GBX 3,239.74 on a volume of 103,498 shares and were about 0.9% lower.
• The firm has a market cap of £2.30 billion, a P/E of 7.00 and low volatility (beta 0.40), with very strong liquidity (quick ratio 143.41, current ratio 9.48) and modest leverage (debt-to-equity 13.60).
• HVPE offers diversified global exposure to private companies by investing in HarbourVest-managed funds, using a multi-layered approach and a strong balance sheet to spread risk and pursue long-term value.

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE - ) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 3,270 and last traded at GBX 3,239.74, with a volume of 103498 shares traded. The stock had previously closed at GBX 3,270.26.

HarbourVest Global Private Equity Trading Down 0.9%

The firm has a market cap of £2.30 billion, a P/E ratio of 7.00 and a beta of 0.40. The company has a quick ratio of 143.41, a current ratio of 9.48 and a debt-to-equity ratio of 13.60. The firm's 50-day simple moving average is GBX 3,035.01 and its 200 day simple moving average is GBX 3,060.32.

About HarbourVest Global Private Equity

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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