HarbourVest Global Private Equity (LON:HVPE) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

Key Points

• HarbourVest Global Private Equity's share price rose above its 50-day moving average of GBX 2,817.14, with recent trading at GBX 2,960.
• The company has a market capitalization of £2.16 billion and a high PE ratio of 1,082.08, signaling potentially high growth expectations.
• HVPE focuses on providing access to a diversified global portfolio of high-quality private companies, highlighting its commitment to innovation and growth.

HarbourVest Global Private Equity Ltd. (LON:HVPE - ) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 2,817.14 ($37.53) and traded as high as GBX 2,975 ($39.63). HarbourVest Global Private Equity shares last traded at GBX 2,960 ($39.43), with a volume of 97,938 shares traded.

HarbourVest Global Private Equity Stock Performance

The company has a market capitalization of £2.16 billion, a PE ratio of 1,082.08 and a beta of 0.62. The business's fifty day moving average is GBX 2,817.14 and its two-hundred day moving average is GBX 2,594.75. The company has a current ratio of 18.64, a quick ratio of 143.41 and a debt-to-equity ratio of 7.01.

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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