NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 62 ($0.77) and last traded at GBX 62.55 ($0.77), with a volume of 2807531 shares. The stock had previously closed at GBX 64.70 ($0.80).
NextEnergy Solar Fund Price Performance
The stock has a market capitalization of £369.56 million, a P/E ratio of 781.88, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29. The company has a debt-to-equity ratio of 30.98, a quick ratio of 13.96 and a current ratio of 14.49. The firm has a 50-day moving average price of GBX 69.45 and a 200 day moving average price of GBX 76.21.
NextEnergy Solar Fund Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Thursday, November 14th were given a dividend of GBX 2.11 ($0.03) per share. This is a boost from NextEnergy Solar Fund's previous dividend of $2.10. This represents a yield of 2.91%. The ex-dividend date of this dividend was Thursday, November 14th. NextEnergy Solar Fund's dividend payout ratio (DPR) is presently 10,000.00%.
Insider Transactions at NextEnergy Solar Fund
In other news, insider Helen M. Mahy purchased 22,876 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average cost of GBX 65 ($0.80) per share, for a total transaction of £14,869.40 ($18,379.98). Also, insider Caroline Chan purchased 39,000 shares of the business's stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of GBX 66 ($0.82) per share, for a total transaction of £25,740 ($31,817.06). Company insiders own 0.38% of the company's stock.
NextEnergy Solar Fund Company Profile
(
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NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the main market of the London Stock Exchange and is a FTSE 250 constituent.
NextEnergy Solar Fund's investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets.
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