NB Private Equity Partners (LON:NBPE) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

NB Private Equity Partners (LON:NBPE)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

NB Private Equity Partners Trading Up 0.9%

The company has a quick ratio of 9.48, a current ratio of 16.38 and a debt-to-equity ratio of 7.44. The firm has a market capitalization of £534.63 million, a P/E ratio of 15.93 and a beta of 0.19. The firm has a 50 day moving average of GBX 1,382.69 and a 200-day moving average of GBX 1,484.54.

Insider Activity

In related news, insider Pawan Dhir purchased 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of GBX 1,380 per share, for a total transaction of £82,800. Company insiders own 0.35% of the company’s stock.

About NB Private Equity Partners

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.