The stock of HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED ORD NPV (LON:HVPE) hit a new 52-week high and has GBX 3140.28 target or 186.00% above today’s GBX 1098.00 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 3140.28 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 0.46% or GBX 5 on November 11, hitting GBX 1098. About 201,046 shares traded hands or 28.01% up from the average. HARBOURVEST GLOBAL PRIVATE EQUITY LIMITED ORD NPV (LON:HVPE) has declined 15.22% since April 8, 2016 and is downtrending. It has underperformed by 21.37% the S&P500.
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