Foresight Solar (LON:FSFL - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 74.21 ($0.93) and traded as high as GBX 76.40 ($0.96). Foresight Solar shares last traded at GBX 75.80 ($0.95), with a volume of 752,421 shares changing hands.
Foresight Solar Price Performance
The company has a market capitalization of £431.60 million, a P/E ratio of 68.59 and a beta of 0.27. The business's 50-day simple moving average is GBX 73.97 and its 200 day simple moving average is GBX 83.25. The company has a current ratio of 1.84, a quick ratio of 121.68 and a debt-to-equity ratio of 0.03.
Foresight Solar Announces Dividend
The business also recently declared a dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, January 23rd will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a dividend yield of 2.48%. Foresight Solar's dividend payout ratio (DPR) is 720.16%.
Insiders Place Their Bets
In other Foresight Solar news, insider Tony Roper bought 15,000 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of GBX 81 ($1.02) per share, for a total transaction of £12,150 ($15,292.64). Also, insider Christopher Ambler bought 18,567 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was acquired at an average price of GBX 81 ($1.02) per share, for a total transaction of £15,039.27 ($18,929.23). 0.10% of the stock is owned by insiders.
About Foresight Solar
(
Get Free Report)
Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.
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