The stock of NB Private Equity Partners Ltd (LON:NBPE) hit a new 52-week high and has GBX 12.49 target or 6.00% above today’s GBX 11.78 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 24 by Barchart.com. If the GBX 12.49 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 decreased 0.26% or GBX 0.03 on November 24, hitting GBX 11.78. About 14,221 shares traded hands. NB Private Equity Partners Ltd (LON:NBPE) has risen 11.46% since April 14, 2016 and is uptrending. It has outperformed by 6.05% the S&P500.
More notable recent NB Private Equity Partners Ltd (LON:NBPE) news were published by: Globenewswire.com which released: “NB Private Equity Partners Announces Quarterly Report and October Monthly NAV …” on November 17, 2016, also Globenewswire.com with their article: “October 2016 Monthly Net Asset Value” published on November 10, 2016, Nasdaq.com published: “Investor Presentation and Investor Call Announcement 161122” on November 22, 2016. More interesting news about NB Private Equity Partners Ltd (LON:NBPE) were released by: Nasdaq.com and their article: “NBPE announces the results of the significantly oversubscribed Rollover Offer …” published on September 14, 2016 as well as Nasdaq.com‘s news article titled: “Valuation Uplift Following IPO of Extraction Oil & Gas Inc.” with publication date: October 13, 2016.
NB Private Equity Partners Limited is a Guernsey closed-end investment company. The company has a market cap of GBP. 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. It currently has negative earnings. The Fund’ portfolio is diversified across various industries, such as business services communications/media, financial services, healthcare, technology/information technology , transportation and energy.
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