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

Foresight Solar (LON:FSFL - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 89.56 ($1.17) and traded as low as GBX 88 ($1.15). Foresight Solar shares last traded at GBX 88 ($1.15), with a volume of 540,634 shares trading hands.

Foresight Solar Trading Down 0.7 %

The firm has a market cap of £496.55 million, a price-to-earnings ratio of -4,436.75 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 13.35. The company has a 50 day moving average price of GBX 92.40 and a 200 day moving average price of GBX 89.56.

Foresight Solar Dividend Announcement

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

About Foresight Solar

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.