HarbourVest Global Private Equity (LON:HVPE) Share Price Passes Below 200 Day Moving Average – Time to Sell?

HarbourVest Global Private Equity Ltd. (LON:HVPE)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,512.50 ($32.40) and traded as low as GBX 2,320.75 ($29.93). HarbourVest Global Private Equity shares last traded at GBX 2,349.19 ($30.29), with a volume of 2,925,387 shares traded.

HarbourVest Global Private Equity Stock Down 4.5 %

The company has a market cap of £2.17 billion, a price-to-earnings ratio of 220.90 and a beta of 0.62. The business has a 50-day simple moving average of GBX 2,657.31 and a two-hundred day simple moving average of GBX 2,513.67. The company has a quick ratio of 143.41, a current ratio of 18.64 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.