Foresight Solar (LON:FSFL - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.48 ($1.04) and traded as low as GBX 76 ($1.02). Foresight Solar shares last traded at GBX 76.10 ($1.02), with a volume of 615,331 shares changing hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a "buy" rating on shares of Foresight Solar in a research report on Tuesday, February 18th.
Check Out Our Latest Report on FSFL
Foresight Solar Trading Up 0.8%
The firm has a market cap of £428.20 million, a price-to-earnings ratio of 68.05 and a beta of 0.27. The company has a fifty day moving average price of GBX 78.46 and a 200-day moving average price of GBX 77.16. 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 (LON:FSFL - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported GBX 0.52 ($0.01) EPS for the quarter. Foresight Solar had a net margin of 44.44% and a return on equity of 0.94%. As a group, research analysts expect that Foresight Solar will post 2.0674521 EPS for the current year.
Foresight Solar Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 23rd were paid a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 2.48%. Foresight Solar's dividend payout ratio is presently 720.16%.
Foresight Solar Company Profile
(
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.
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