HarbourVest Global Private Equity (LON:HVPE) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of HarbourVest Global Private Equity Ltd. (LON:HVPE) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,394.38 ($31.09) and traded as low as GBX 2,285 ($29.67). HarbourVest Global Private Equity shares last traded at GBX 2,310 ($29.99), with a volume of 168,449 shares.

HarbourVest Global Private Equity Price Performance

The company has a market capitalization of £1.77 billion, a PE ratio of 2,012.93 and a beta of 0.62. The company has a debt-to-equity ratio of 7.01, a quick ratio of 143.41 and a current ratio of 18.64. The stock has a 50 day moving average price of GBX 2,389.47 and a two-hundred day moving average price of GBX 2,394.73.

About HarbourVest Global Private Equity

HarbourVest Global Private Equity Ltd. specializes in primary, secondary, and direct co-investments as well as fund of funds investments. For fund of funds investments, it prefers to invest in private equity funds and invests in HarbourVest funds. The fund seeks to provide long-term capital growth primarily through investments in private market assets.