NB Private Equity Partners (LON:NBPE) Stock Price Passes Below 50-Day Moving Average - Here's What Happened

Key Points

• The share price of NB Private Equity Partners fell below its fifty-day moving average, closing at GBX 1,448 ($19.62) with the moving average at GBX 1,447.08 ($19.60).
• The company has a market cap of £656.86 million and a notably high P/E ratio of 4,017.67.
• Insider Pawan Dhir purchased 2,800 shares at an average price of GBX 1,438, totaling £40,264, indicating potential insider confidence in the stock.

NB Private Equity Partners (LON:NBPE - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,447.08 ($19.62) and traded as low as GBX 1,430 ($19.39). NB Private Equity Partners shares last traded at GBX 1,448 ($19.63), with a volume of 44,742 shares.

NB Private Equity Partners Stock Down 0.6%

The business's 50 day moving average is GBX 1,448.04 and its 200-day moving average is GBX 1,456.50. The company has a debt-to-equity ratio of 13.30, a current ratio of 6.29 and a quick ratio of 9.48. The company has a market cap of £650.34 million, a PE ratio of 3,977.78 and a beta of 0.72.

Insider Transactions at NB Private Equity Partners

In other news, insider Pawan Dhir purchased 2,800 shares of the firm's stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average price of GBX 1,438 per share, for a total transaction of £40,264. 0.35% of the stock is owned by corporate insiders.

NB Private Equity Partners Company Profile

NB Private Equity Partners (NBPE) is a London listed FTSE-250 investment company which invests directly in private companies alongside some of the world's leading private equity managers. Managed by Neuberger Berman, a leading private markets investor, NBPE leverages the strength of Neuberger Berman's platform, relationships, deal flow and expertise to access the most attractive investment opportunities, providing shareholders with access to a portfolio of direct investments diversified by manager, sector, geography and size.