NB Private Equity Partners (LON:NBPE) Shares Cross Below Fifty Day Moving Average – Here’s Why

NB Private Equity Partners (LON:NBPEGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,386.09 and traded as low as GBX 1,350. NB Private Equity Partners shares last traded at GBX 1,350, with a volume of 432,181 shares.

NB Private Equity Partners Trading Up 1.8%

The business has a 50 day simple moving average of GBX 1,386.09 and a 200 day simple moving average of GBX 1,486.43. The company has a market cap of £536.27 million, a price-to-earnings ratio of 15.98 and a beta of 0.19. The company has a debt-to-equity ratio of 7.44, a current ratio of 16.38 and a quick ratio of 9.48.

Insider Activity

In related news, insider Pawan Dhir bought 6,000 shares of NB Private Equity Partners stock in a transaction dated Tuesday, May 5th. The shares were bought at an average cost of GBX 1,380 per share, for a total transaction of £82,800. Insiders own 0.35% of the company’s stock.

NB Private Equity Partners Company Profile

(Get Free Report)

NB Private Equity Partners (NBPE) is a London listed FTSE-250 investment company which invests directly in private companies alongside some of the world’s leading private equity managers.

Managed by Neuberger Berman, a leading private markets investor, NBPE leverages the strength of Neuberger Berman’s platform, relationships, deal flow and expertise to access the most attractive investment opportunities, providing shareholders with access to a portfolio of direct investments diversified by manager, sector, geography and size.

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