HarbourVest Global Private Equity (LON:HVPE) Sets New 12-Month High – Here’s Why

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 3,155 and last traded at GBX 3,123.39, with a volume of 6852 shares changing hands. The stock had previously closed at GBX 3,110.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus reaffirmed a “buy” rating on shares of HarbourVest Global Private Equity in a research note on Thursday, October 30th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

HarbourVest Global Private Equity Stock Up 0.6%

The stock has a market capitalization of £2.26 billion, a P/E ratio of 6.76 and a beta of 0.62. The stock has a 50 day moving average price of GBX 3,038.59 and a 200-day moving average price of GBX 2,827.82. The company has a debt-to-equity ratio of 7.01, a current ratio of 18.64 and a quick ratio of 143.41.

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.