NB Private Equity Partners (LON:NBPE) Hits New 12-Month Low – Here’s Why

NB Private Equity Partners (LON:NBPE) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 1,494 ($18.65) and last traded at GBX 1,496.34 ($18.68), with a volume of 11318 shares traded. The stock had previously closed at GBX 1,550 ($19.35).

NB Private Equity Partners Stock Performance

The firm’s 50 day simple moving average is GBX 1,567.83 and its 200-day simple moving average is GBX 1,588.44. The company has a market capitalization of £701.92 million, a PE ratio of -4,216.67 and a beta of 0.72. The company has a quick ratio of 9.48, a current ratio of 6.29 and a debt-to-equity ratio of 13.28.

NB Private Equity Partners Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 23rd will be issued a $0.47 dividend. This represents a dividend yield of 2.45%. The ex-dividend date is Thursday, January 23rd. NB Private Equity Partners’s payout ratio is -19,722.22%.

About NB Private Equity Partners

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.