HarbourVest Global Private Equity (LON:HVPE) Stock Passes Above 50 Day Moving Average – Time to Sell?

HarbourVest Global Private Equity Ltd. (LON:HVPE) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2,840.64 ($37.95) and traded as high as GBX 2,960 ($39.55). HarbourVest Global Private Equity shares last traded at GBX 2,960 ($39.55), with a volume of 59,823 shares changing hands.

HarbourVest Global Private Equity Stock Performance

The company has a 50-day moving average price of GBX 2,840.64 and a two-hundred day moving average price of GBX 2,612.08. The company has a current ratio of 18.64, a quick ratio of 143.41 and a debt-to-equity ratio of 7.01. The stock has a market capitalization of £2.16 billion, a P/E ratio of 10.86 and a beta of 0.62.

About HarbourVest Global Private Equity

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.