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

Shares of NB Private Equity Partners (LON:NBPE) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,567.97 ($19.45) and traded as low as GBX 1,552 ($19.25). NB Private Equity Partners shares last traded at GBX 1,552 ($19.25), with a volume of 29,615 shares trading hands.

NB Private Equity Partners Stock Performance

The company has a market capitalization of £717.64 million, a PE ratio of -4,311.11 and a beta of 0.72. The stock’s fifty day simple moving average is GBX 1,567.97 and its 200-day simple moving average is GBX 1,582.79. The company has a debt-to-equity ratio of 13.28, a quick ratio of 9.48 and a current ratio of 6.29.

NB Private Equity Partners Announces Dividend

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