NB Private Equity Partners (LON:NBPE) Shares Cross Above 50-Day Moving Average – Should You Sell?

NB Private Equity Partners (LON:NBPE)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,469.67 and traded as high as GBX 1,478.82. NB Private Equity Partners shares last traded at GBX 1,470, with a volume of 95,040 shares traded.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of NB Private Equity Partners in a report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

NB Private Equity Partners Stock Performance

The company has a fifty day moving average of GBX 1,470.03 and a two-hundred day moving average of GBX 1,433.17. The company has a quick ratio of 9.48, a current ratio of 4.29 and a debt-to-equity ratio of 13.05. The stock has a market capitalization of £592.92 million, a price-to-earnings ratio of 17.09 and a beta of 0.21.

About NB Private Equity Partners

Neuberger 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, a leading private markets investor, Neuberger Private Equity Partners leverages the strength of Neuberger 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.