Free Trial

NextEnergy Solar Fund (LON:NESF) Stock Price Down 0.5% - Here's Why

NextEnergy Solar Fund logo with Financial Services background

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report)'s stock price fell 0.5% during mid-day trading on Wednesday . The stock traded as low as GBX 65.90 ($0.83) and last traded at GBX 66.10 ($0.84). 1,554,089 shares changed hands during trading, a decline of 31% from the average session volume of 2,253,528 shares. The stock had previously closed at GBX 66.40 ($0.84).

NextEnergy Solar Fund Stock Down 1.1 %

The firm has a market cap of £381.91 million, a price-to-earnings ratio of -28.04, a P/E/G ratio of 1.17 and a beta of 0.29. The company has a current ratio of 25.38, a quick ratio of 13.96 and a debt-to-equity ratio of 34.68. The firm has a 50 day moving average price of GBX 65.25 and a 200-day moving average price of GBX 72.89.

NextEnergy Solar Fund (LON:NESF - Get Free Report) last announced its earnings results on Thursday, November 21st. The company reported GBX (2.91) (($0.04)) earnings per share for the quarter. NextEnergy Solar Fund had a negative net margin of 408.61% and a negative return on equity of 2.33%. On average, equities analysts forecast that NextEnergy Solar Fund Limited will post 7.8159757 EPS for the current year.

Insider Activity at NextEnergy Solar Fund

In other news, insider Helen M. Mahy bought 22,876 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of GBX 65 ($0.82) per share, with a total value of £14,869.40 ($18,786.36). Also, insider Caroline Chan bought 39,000 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of GBX 66 ($0.83) per share, with a total value of £25,740 ($32,520.53). 0.38% of the stock is currently owned by corporate insiders.

About NextEnergy Solar Fund

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in NextEnergy Solar Fund Right Now?

Before you consider NextEnergy Solar Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextEnergy Solar Fund wasn't on the list.

While NextEnergy Solar Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines