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

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 3,070 and last traded at GBX 3,055, with a volume of 106140 shares traded. The stock had previously closed at GBX 3,050.

Wall Street Analyst Weigh In

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

HarbourVest Global Private Equity Price Performance

The stock has a fifty day moving average of GBX 2,880.30 and a two-hundred day moving average of GBX 2,658.07. The stock has a market capitalization of £2.21 billion, a price-to-earnings ratio of 11.08 and a beta of 0.62. The company has a current ratio of 18.64, a quick ratio of 143.41 and a debt-to-equity ratio of 7.01.

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.