HarbourVest Global Private Equity (LON:HVPE) Reaches New 12-Month High – Should You Buy?

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 3,215 and last traded at GBX 3,200, with a volume of 144643 shares trading hands. The stock had previously closed at GBX 3,207.70.

Wall Street Analysts Forecast Growth

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

HarbourVest Global Private Equity Trading Down 0.1%

The company’s 50 day simple moving average is GBX 3,101.42 and its 200 day simple moving average is GBX 2,921.03. The company has a debt-to-equity ratio of 7.01, a current ratio of 18.64 and a quick ratio of 143.41. The firm has a market cap of £2.31 billion, a price-to-earnings ratio of 6.92 and a beta of 0.62.

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.