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

Key Points

• HarbourVest Global Private Equity shares have crossed above their 50-day moving average, indicating a potential upward trend, with shares trading at GBX 2,850 ($38.34).
• The company has a market capitalization of £2.57 billion, with a PE ratio of 261.41 and a significant debt-to-equity ratio of 7.01, highlighting its financial structure.
• HarbourVest aims to create a diversified global portfolio through investments in HarbourVest-managed funds, supporting innovation and sustainable growth.

HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,628.37 ($35.51) and traded as high as GBX 2,850 ($38.50). HarbourVest Global Private Equity shares last traded at GBX 2,850 ($38.50), with a volume of 65,859 shares.

HarbourVest Global Private Equity Price Performance

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

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.