NB Private Equity Partners (LON:NBPE) Stock Price Passes Below 50-Day Moving Average – Here’s Why

NB Private Equity Partners (LON:NBPE) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,441.07 and traded as low as GBX 1,430. NB Private Equity Partners shares last traded at GBX 1,460, with a volume of 38,909 shares.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating on shares of NB Private Equity Partners in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

NB Private Equity Partners Price Performance

The business’s fifty day moving average price is GBX 1,444.52 and its 200 day moving average price is GBX 1,447.56. The company has a quick ratio of 9.48, a current ratio of 4.29 and a debt-to-equity ratio of 13.05. The firm has a market capitalization of £598.70 million, a PE ratio of 16.98 and a beta of 0.62.

Insider Activity

In related news, insider Louisa Symington Mills bought 1,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were bought at an average cost of GBX 1,400 per share, for a total transaction of £14,000. Also, insider Pawan Dhir bought 6,000 shares of the stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of GBX 1,380 per share, for a total transaction of £82,800. Insiders own 0.35% of the company’s stock.

About NB Private Equity Partners

Neuberger 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, a leading private markets investor, Neuberger Private Equity Partners leverages the strength of Neuberger 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.