NB Private Equity Partners (LON:NBPE) Shares Pass Above Fifty Day Moving Average – What’s Next?

NB Private Equity Partners (LON:NBPE) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,463.77 and traded as high as GBX 1,490. NB Private Equity Partners shares last traded at GBX 1,476, with a volume of 108,323 shares traded.

Wall Street Analyst Weigh In

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

NB Private Equity Partners Trading Down 1.5%

The company has a market cap of £595.34 million, a price-to-earnings ratio of 17.16 and a beta of 0.21. The company’s fifty day moving average is GBX 1,463.77 and its two-hundred day moving average is GBX 1,439.61. The company has a debt-to-equity ratio of 13.05, a quick ratio of 9.48 and a current ratio of 4.29.

Insiders Place Their Bets

In related news, insider Louisa Symington Mills acquired 1,000 shares of NB Private Equity Partners stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of GBX 1,400 per share, for a total transaction of £14,000. Corporate insiders own 0.43% of the company’s stock.

About NB Private Equity Partners

Neuberger 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, a leading private markets investor, Neuberger Private Equity Partners leverages the strength of Neuberger 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.