HarbourVest Global Private Equity (LON:HVPE) Stock Passes Above 50-Day Moving Average - Here's Why

HarbourVest Global Private Equity Ltd. (LON:HVPE - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,463.55 ($33.08) and traded as high as GBX 2,545 ($34.17). HarbourVest Global Private Equity shares last traded at GBX 2,515 ($33.77), with a volume of 60,712 shares trading hands.

HarbourVest Global Private Equity Stock Performance

The company has a debt-to-equity ratio of 7.01, a current ratio of 18.64 and a quick ratio of 143.41. The stock has a 50-day simple moving average of GBX 2,470.65 and a 200-day simple moving average of GBX 2,535.05. The stock has a market cap of £2.39 billion, a P/E ratio of 243.55 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.