Free Trial

Foresight Solar (LON:FSFL) Share Price Passes Below 200-Day Moving Average - Here's Why

Foresight Solar logo with Financial Services background

Key Points

  • Foresight Solar's share price has fallen below its 200-day moving average, trading at GBX 81.30 ($1.10) with a volume of 251,359 shares on Thursday.
  • The company has a market capitalization of £452.42 million, a P/E ratio of 15,701.92, and a debt-to-equity ratio of 0.03, indicating robust financial health.
  • Foresight Solar Fund Limited focuses on a diversified portfolio of ground-based solar PV and battery storage assets, promoting sustainable investment returns and strong ESG benefits.
  • Interested in Foresight Solar? Here are five stocks we like better.

Foresight Solar (LON:FSFL - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 81.60 ($1.11) and traded as low as GBX 81.20 ($1.10). Foresight Solar shares last traded at GBX 81.30 ($1.10), with a volume of 251,359 shares trading hands.

Foresight Solar Trading Up 0.4%

The business's 50 day moving average is GBX 86.08 and its two-hundred day moving average is GBX 81.60. The company has a quick ratio of 121.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of £452.42 million, a P/E ratio of 15,701.92 and a beta of 0.27.

About Foresight Solar

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

Before you consider Foresight Solar, 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 Foresight Solar wasn't on the list.

While Foresight Solar currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

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