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Foresight Enterprise VCT (LON:FTF) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Foresight Enterprise VCT logo with Financial Services background

Key Points

  • Foresight Enterprise VCT shares have crossed above their 50-day moving average, indicating potential bullish momentum, trading recently at GBX 46 ($0.62).
  • The company has a market capitalization of £136.21 million and a high P/E ratio of 1,023.81, which may suggest overvaluation concerns.
  • Foresight Enterprise VCT focuses on investments in unquoted companies across various sectors, including technology, healthcare, and consumer services, primarily within the United Kingdom.
  • MarketBeat previews the top five stocks to own by October 1st.

Foresight Enterprise VCT (LON:FTF - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 44.42 ($0.60) and traded as high as GBX 46 ($0.62). Foresight Enterprise VCT shares last traded at GBX 46 ($0.62), with a volume of 950 shares traded.

Foresight Enterprise VCT Trading Down 4.9%

The firm's 50-day moving average is GBX 44.18 and its two-hundred day moving average is GBX 47.01. The stock has a market cap of £136.21 million, a price-to-earnings ratio of 1,023.81 and a beta of -0.03.

About Foresight Enterprise VCT

(Get Free Report)

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom.

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