Princess Private Equity (LON:PEY) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Key Points

• Princess Private Equity shares have recently surpassed their 50-day moving average, trading as high as GBX 9.95 ($0.13) before settling at GBX 9.90 ($0.13).
• The company has a market capitalization of £684.60 million and a price-to-earnings ratio of 29.95, indicating its financial performance in the market.
• Princess Private Equity specializes in private equity and debt investments in non-public companies or assets, focusing on various investment strategies including buyout and venture capital.

Princess Private Equity (LON:PEY - ) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 9.65 ($0.13) and traded as high as GBX 9.95 ($0.13). Princess Private Equity shares last traded at GBX 9.90 ($0.13), with a volume of 2,240 shares trading hands.

Princess Private Equity Price Performance

The stock has a market capitalization of £684.60 million, a price-to-earnings ratio of 29.95 and a beta of 0.44. The stock's 50 day simple moving average is GBX 9.65 and its 200-day simple moving average is GBX 9.90.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments.

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