HarbourVest Global Private Equity (LON:HVPE) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,477.68 ($32.91) and traded as low as GBX 2,435 ($32.35). HarbourVest Global Private Equity shares last traded at GBX 2,480 ($32.94), with a volume of 122,238 shares changing hands.

HarbourVest Global Private Equity Stock Performance

The company's 50 day simple moving average is GBX 2,467.18 and its 200 day simple moving average is GBX 2,523.40. The stock has a market cap of £2.31 billion, a PE ratio of 235.08 and a beta of 0.62. The company has a debt-to-equity ratio of 7.01, a quick ratio of 143.41 and a current ratio of 18.64.

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.