HarbourVest Global Private Equity (LON:HVPE) Hits New 52-Week High – Still a Buy?

HarbourVest Global Private Equity Ltd. (LON:HVPE) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,940 ($39.63) and last traded at GBX 2,940 ($39.63), with a volume of 160954 shares traded. The stock had previously closed at GBX 2,910 ($39.23).

HarbourVest Global Private Equity Stock Performance

The company has a quick ratio of 143.41, a current ratio of 18.64 and a debt-to-equity ratio of 7.01. The business’s 50 day simple moving average is GBX 2,787 and its 200 day simple moving average is GBX 2,580.43. The stock has a market cap of £2.14 billion, a price-to-earnings ratio of 1,072.99 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.