NB Private Equity Partners (LON:NBPE) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of NB Private Equity Partners (LON:NBPE) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,463.77 and traded as high as GBX 1,490. NB Private Equity Partners shares last traded at GBX 1,476, with a volume of 108,323 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of NB Private Equity Partners in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, NB Private Equity Partners currently has a consensus rating of “Buy”.

NB Private Equity Partners Stock Performance

The firm’s 50 day moving average price is GBX 1,463.77 and its 200-day moving average price is GBX 1,439.61. The firm has a market cap of £595.34 million, a price-to-earnings ratio of 17.16 and a beta of 0.21. The company has a debt-to-equity ratio of 13.05, a current ratio of 4.29 and a quick ratio of 9.48.

Insiders Place Their Bets

In related news, insider Louisa Symington Mills purchased 1,000 shares of NB Private Equity Partners stock in a transaction on Wednesday, May 27th. The stock was purchased at an average cost of GBX 1,400 per share, with a total value of £14,000. 0.43% of the stock is currently owned by company insiders.

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.