NB Private Equity Partners (LON:NBPE) Sets New 52-Week Low – Here’s Why

NB Private Equity Partners (LON:NBPE) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,494 ($18.39) and last traded at GBX 1,496.34 ($18.42), with a volume of 11318 shares traded. The stock had previously closed at GBX 1,550 ($19.08).

NB Private Equity Partners Price Performance

The firm has a 50-day simple moving average of GBX 1,571.07 and a two-hundred day simple moving average of GBX 1,590.23. The company has a market capitalization of £695.79 million, a price-to-earnings ratio of -4,179.84 and a beta of 0.72. The company has a current ratio of 6.29, a quick ratio of 9.48 and a debt-to-equity ratio of 13.28.

NB Private Equity Partners Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 23rd will be issued a $0.47 dividend. This represents a yield of 2.45%. The ex-dividend date is Thursday, January 23rd. NB Private Equity Partners’s payout ratio is presently -19,722.22%.

NB Private Equity Partners Company Profile

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.