Princess Private Equity (LON:PEY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Princess Private Equity (LON:PEY) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 8.73 and traded as high as GBX 9.06. Princess Private Equity shares last traded at GBX 8.72, with a volume of 66,086 shares.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Princess Private Equity in a research report on Thursday, May 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Princess Private Equity currently has an average rating of “Hold”.

Princess Private Equity Stock Performance

The stock has a fifty day simple moving average of GBX 8.73 and a two-hundred day simple moving average of GBX 9.56. The stock has a market cap of £5.98 million, a price-to-earnings ratio of -0.07 and a beta of 0.13. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.92 and a current ratio of 1.40.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments. The fund makes investments without limitations as to geographic regions, financing stage, vintage year, and industry.