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Foresight Solar (LON:FSFL) Shares Cross Above Fifty Day Moving Average - Should You Sell?

Foresight Solar logo with Financial Services background

Foresight Solar (LON:FSFL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 81.83 ($1.10) and traded as high as GBX 92.30 ($1.24). Foresight Solar shares last traded at GBX 92 ($1.24), with a volume of 681,209 shares.

Foresight Solar Stock Down 0.4%

The business has a 50-day simple moving average of GBX 83.35 and a two-hundred day simple moving average of GBX 78.84. The company has a market cap of £510.89 million, a price-to-earnings ratio of 81.20 and a beta of 0.27. The company has a quick ratio of 121.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.03.

Insider Buying and Selling at Foresight Solar

In related news, insider Tony Roper purchased 40,000 shares of Foresight Solar stock in a transaction on Thursday, June 12th. The stock was bought at an average price of GBX 81 ($1.09) per share, with a total value of £32,400 ($43,542.53). 0.10% of the stock is owned by corporate insiders.

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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