Princess Private Equity (LON:PEY) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Princess Private Equity (LON:PEYGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 8.85 and traded as low as GBX 6.88. Princess Private Equity shares last traded at GBX 7, with a volume of 351,704 shares trading hands.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated an “underperform” rating on shares of Princess Private Equity in a report on Thursday, June 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Princess Private Equity currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on Princess Private Equity

Princess Private Equity Trading Up 1.4%

The company’s fifty day moving average is GBX 7.91 and its two-hundred day moving average is GBX 8.82. The stock has a market cap of £4.70 million, a price-to-earnings ratio of -0.05 and a beta of 0.13.

About Princess Private Equity

(Get Free Report)

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.

Further Reading

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