Princess Private Equity (LON:PEY) Stock Crosses Above 50-Day Moving Average – Here’s Why

Princess Private Equity (LON:PEY) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 10.39 ($0.13) and traded as high as GBX 10.60 ($0.13). Princess Private Equity shares last traded at GBX 10.40 ($0.13), with a volume of 55,132 shares changing hands.

Princess Private Equity Price Performance

The firm’s fifty day moving average is GBX 10.39 and its 200-day moving average is GBX 10.57. The stock has a market capitalization of £719.17 million, a price-to-earnings ratio of 31.47 and a beta of 0.44.

About Princess Private Equity

Princess Private Equity Holding Limited specializes in private equity and debt investments in non-public companies or assets through privately negotiated transactions. The fund invests in primary and secondary fund investments, direct investments, and listed private equity. It makes private equity investments in buyout, venture capital, and special situation and private debt investments in mezzanine, second lien, or senior debt investments.