HarbourVest Global Private Equity (LON:HVPE) Sets New 52-Week High – Still a Buy?

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 3,300 and last traded at GBX 3,245, with a volume of 134831 shares changing hands. The stock had previously closed at GBX 3,240.

HarbourVest Global Private Equity Stock Performance

The firm has a market cap of £2.28 billion, a price-to-earnings ratio of 7.01 and a beta of 0.41. The company has a debt-to-equity ratio of 13.60, a quick ratio of 143.41 and a current ratio of 9.48. The firm’s 50 day moving average is GBX 3,071.81 and its 200-day moving average is GBX 3,075.79.

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.