Princess Private Equity (LON:PEY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Princess Private Equity (LON:PEY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.48 and traded as low as GBX 8.41. Princess Private Equity shares last traded at GBX 8.62, with a volume of 459,398 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “hold” rating on shares of Princess Private Equity in a research note on Thursday, May 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Princess Private Equity currently has a consensus rating of “Hold”.

Princess Private Equity Price Performance

The company has a 50 day simple moving average of GBX 8.67 and a 200-day simple moving average of GBX 9.48. The stock has a market cap of £5.84 million, a price-to-earnings ratio of -0.07 and a beta of 0.13. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 2.10.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments. The fund makes investments without limitations as to geographic regions, financing stage, vintage year, and industry.