NB Private Equity Partners Ltd (LON:NBPE)’s stock price shot up 1.4% on Wednesday . The company traded as high as GBX 1,109 ($14.49) and last traded at GBX 1,110 ($14.50), 25,366 shares were traded during mid-day trading. A decline of 21% from the average session volume of 32,131 shares. The stock had previously closed at GBX 1,095 ($14.31).
Separately, Jefferies Financial Group restated a “buy” rating on shares of NB Private Equity Partners in a report on Wednesday, October 2nd.
The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 16.94. The company’s fifty day moving average is GBX 1,118.84 and its 200-day moving average is GBX 1,116.98. The firm has a market capitalization of $506.61 million and a P/E ratio of 747.98.
NB Private Equity Partners Limited (the Fund) is a Guernsey-based closed-end investment company. The Fund’s objective is to produce attractive returns by investing in the private equity asset class through income investments direct equity investments and fund investments while managing investment risk through diversification across asset class, vintage year, geography, industry and sponsor.
Recommended Story: What is a Swap?
Receive News & Ratings for NB Private Equity Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NB Private Equity Partners and related companies with MarketBeat.com's FREE daily email newsletter.