Shares of Foresight Group Holdings Limited (LON:FSG - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 354 ($4.58) and last traded at GBX 355 ($4.59), with a volume of 77899 shares. The stock had previously closed at GBX 365 ($4.72).
Foresight Group Stock Performance
The stock has a market cap of £430.19 million, a P/E ratio of 16.93 and a beta of 0.44. The firm has a 50 day simple moving average of GBX 380.46 and a two-hundred day simple moving average of GBX 436.54.
Foresight Group Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a dividend of GBX 7.40 ($0.10) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.64%. Foresight Group's payout ratio is 140.32%.
Insider Transactions at Foresight Group
In other news, insider Gary Fraser acquired 86,635 shares of Foresight Group stock in a transaction on Wednesday, February 5th. The stock was bought at an average cost of GBX 400 ($5.17) per share, with a total value of £346,540 ($447,957.60). Also, insider Geoffrey Gavey purchased 13,369 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of GBX 374 ($4.83) per share, for a total transaction of £50,000.06 ($64,632.96). In the last three months, insiders purchased 113,004 shares of company stock valued at $44,321,006. Company insiders own 35.32% of the company's stock.
Foresight Group Company Profile
(
Get Free Report)
Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.
With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.
Further Reading
Before you consider Foresight Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Foresight Group wasn't on the list.
While Foresight Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
