Foresight Enterprise VCT (LON:FTF) Share Price Crosses Below 50-Day Moving Average - Here's What Happened

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.

Foresight Enterprise VCT (LON:FTF - Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 44.09 ($0.59) and traded as low as GBX 43 ($0.58). Foresight Enterprise VCT shares last traded at GBX 43 ($0.58), with a volume of 2,285 shares trading hands.

Foresight Enterprise VCT Price Performance

The company has a market capitalization of £143.18 million, a PE ratio of 1,076.19 and a beta of -0.03. The company has a 50-day moving average price of GBX 44.05 and a two-hundred day moving average price of GBX 46.75.

About Foresight Enterprise VCT

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.