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Foresight Enterprise VCT (LON:FTF) Stock Crosses Below 50-Day Moving Average - Here's Why

Foresight Enterprise VCT logo with Financial Services background

Key Points

  • The stock of Foresight Enterprise VCT (LON:FTF) has recently crossed below its 50-day moving average of GBX 44.09, trading as low as GBX 43 ($0.59).
  • Currently, the company has a market capitalization of £136.21 million and a PE ratio of 1,023.81, indicating potential volatility.
  • Foresight Enterprise VCT is a venture capital trust focusing on investments in unquoted UK companies across various sectors, including technology and healthcare.
  • MarketBeat previews the top five stocks to own by October 1st.

Foresight Enterprise VCT (LON:FTF - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 44.09 ($0.60) and traded as low as GBX 43 ($0.59). Foresight Enterprise VCT shares last traded at GBX 43 ($0.59), with a volume of 2,285 shares trading hands.

Foresight Enterprise VCT Price Performance

The company's 50 day moving average price is GBX 44.09 and its 200 day moving average price is GBX 46.88. The firm has a market cap of £136.21 million, a PE 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.

Further Reading

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