The stock of HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED ORD NPV (LON:HVPE) hit a new 52-week high and has GBX 1280.40 target or 32.00% above today’s GBX 970.00 share price. The 5 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 1280.40 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 1.36% or GBX 13 on September 13, hitting GBX 970. About 95,416 shares traded hands. HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED ORD NPV (LON:HVPE) has declined 43.49% since February 15, 2016 and is downtrending. It has underperformed by 59.97% the S&P500.
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