Foresight Solar (LON:FSFL) Issues Quarterly Earnings Results

Key Points

• Foresight Solar reported a quarterly earnings per share (EPS) of GBX (0.29) and a net margin of 44.44%.
• The company's stock is currently priced at GBX 77.08, reflecting a 1.1% decline following the earnings announcement.
• Foresight Solar operates as a closed-end investment company focusing on a diversified portfolio of solar and battery storage assets both in the UK and internationally.

Foresight Solar (LON:FSFL - Get Free Report) released its earnings results on Thursday. The company reported GBX (0.29) EPS for the quarter, Digital Look Earnings reports. Foresight Solar had a net margin of 44.44% and a return on equity of 0.94%.

Foresight Solar Stock Up 0.3%

FSFL traded up GBX 0.20 during midday trading on Monday, reaching GBX 75.80. The company's stock had a trading volume of 829,067 shares, compared to its average volume of 1,353,841. The firm has a market capitalization of £420.01 million, a price-to-earnings ratio of 14,576.92 and a beta of 0.27. The company has a current ratio of 1.84, a quick ratio of 121.68 and a debt-to-equity ratio of 0.03. Foresight Solar has a 1 year low of GBX 68 and a 1 year high of GBX 94.90. The stock's 50-day moving average is GBX 85.19 and its 200-day moving average is GBX 81.71.

About Foresight Solar

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.