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Foresight Solar (LON:FSFL) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Foresight Solar logo with Financial Services background

Foresight Solar (LON:FSFL - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 89.84 ($1.17) and traded as low as GBX 83 ($1.08). Foresight Solar shares last traded at GBX 83 ($1.08), with a volume of 1,591,021 shares.

Foresight Solar Stock Performance

The stock's fifty day moving average is GBX 91.57 and its two-hundred day moving average is GBX 89.84. The firm has a market cap of £468.14 million, a price-to-earnings ratio of -4,122.50 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.

Foresight Solar Dividend Announcement

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