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Foresight Solar (LON:FSFL) Stock Passes Below 200 Day Moving Average - Here's What Happened

Foresight Solar logo with Financial Services background

Foresight Solar (LON:FSFL - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 89.82 ($1.17) and traded as low as GBX 81.10 ($1.06). Foresight Solar shares last traded at GBX 82 ($1.07), with a volume of 585,665 shares trading hands.

Foresight Solar Trading Down 0.5 %

The company has a quick ratio of 121.68, a current ratio of 13.35 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of £465.87 million, a price-to-earnings ratio of -4,100.00 and a beta of 0.27. The business has a 50-day moving average of GBX 90.22 and a two-hundred day moving average of GBX 89.85.

Foresight Solar Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 24th will be issued a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, October 24th. Foresight Solar's payout ratio is presently -40,000.00%.

About Foresight Solar

(Get Free Report)

Foresight Solar Fund Limited LSE: FSFL specializes infrastructure investments in new energy and environment with a focus on solar power plants and solar farms. It seeks to invest in the United Kingdom.

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