Foresight Solar (LON:FSFL - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 80.12 ($1.02) and traded as low as GBX 76.50 ($0.98). Foresight Solar shares last traded at GBX 76.56 ($0.98), with a volume of 6,403,639 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a "buy" rating on shares of Foresight Solar in a research note on Tuesday, February 18th.
Read Our Latest Report on FSFL
Foresight Solar Stock Performance
The stock's fifty day moving average price is GBX 77.30 and its two-hundred day moving average price is GBX 79.46. The company has a market cap of £419.14 million, a P/E ratio of 66.61 and a beta of 0.27. The company has a debt-to-equity ratio of 0.03, a quick ratio of 121.68 and a current ratio of 1.84.
Foresight Solar (LON:FSFL - Get Free Report) last released its earnings results on Thursday, March 20th. The company reported GBX 0.52 ($0.01) earnings per share for the quarter. Foresight Solar had a return on equity of 0.94% and a net margin of 44.44%. As a group, equities analysts predict that Foresight Solar will post 2.0674521 earnings per share for the current year.
Foresight Solar Dividend Announcement
The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be given a GBX 2 ($0.03) dividend. This represents a yield of 2.45%. The ex-dividend date is Thursday, April 24th. Foresight Solar's dividend payout ratio is presently 720.16%.
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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