Princess Private Equity (LON:PEY) Shares Cross Above Fifty Day Moving Average - Here's Why

Key Points

• Princess Private Equity shares have crossed above their fifty-day moving average, reaching a high of GBX 10.35 ($0.14) during trading.
• The company holds a market capitalization of £713.43 million and has a price-to-earnings ratio of 31.22.
• Princess Private Equity specializes in private equity and debt investments in non-public companies, focusing on various investment strategies including buyouts and venture capital.

Shares of Princess Private Equity (LON:PEY - ) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 9.79 ($0.13) and traded as high as GBX 10.35 ($0.14). Princess Private Equity shares last traded at GBX 10.30 ($0.14), with a volume of 48,791 shares trading hands.

Princess Private Equity Stock Performance

The stock has a market cap of £713.43 million, a price-to-earnings ratio of 31.22 and a beta of 0.44. The company's 50 day simple moving average is GBX 9.79 and its two-hundred day simple moving average is GBX 9.88.

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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