NB Private Equity Partners (LON:NBPE) Share Price Passes Above 50-Day Moving Average – What’s Next?

NB Private Equity Partners (LON:NBPE)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,414.57 and traded as high as GBX 1,490. NB Private Equity Partners shares last traded at GBX 1,488.95, with a volume of 36,435 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “buy” rating on shares of NB Private Equity Partners in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy”.

NB Private Equity Partners Price Performance

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 company has a market cap of £624.12 million, a price-to-earnings ratio of 17.35 and a beta of 0.20. The stock’s 50-day simple moving average is GBX 1,414.57 and its 200 day simple moving average is GBX 1,470.54.

Insider Buying and Selling

In related news, insider Louisa Symington Mills purchased 1,000 shares of NB Private Equity Partners stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average cost of GBX 1,400 per share, with a total value of £14,000. Also, insider Pawan Dhir acquired 6,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of GBX 1,380 per share, for a total transaction of £82,800. 0.35% of the stock is currently owned by insiders.

NB Private Equity Partners Company Profile

NB 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 Berman, a leading private markets investor, NBPE leverages the strength of Neuberger Berman’s 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.