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

Shares of NB Private Equity Partners (LON:NBPE) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,566.91 ($19.42) and traded as low as GBX 1,540 ($19.09). NB Private Equity Partners shares last traded at GBX 1,550 ($19.21), with a volume of 30,057 shares.

NB Private Equity Partners Trading Down 0.4 %

The business has a 50-day moving average price of GBX 1,567.47 and a two-hundred day moving average price of GBX 1,586.08. The company has a quick ratio of 9.48, a current ratio of 6.29 and a debt-to-equity ratio of 13.28. The company has a market cap of £713.95 million, a P/E ratio of -4,288.89 and a beta of 0.72.

NB Private Equity Partners Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, January 23rd will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a yield of 2.45%. NB Private Equity Partners’s payout ratio is -19,722.22%.

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.