Foresight VCT (LON:FTV) Hits New 12-Month Low - What's Next?

Key Points

• Foresight VCT stock has reached a new 52-week low, trading as low as GBX 63.50 and last at GBX 66.50 with minimal trading volume of 15 shares.
• The company's market capitalization stands at £199.74 million, with a price-to-earnings ratio of 8.11 and a beta of 0.04, indicating low volatility.
• Foresight VCT is a venture capital trust that focuses on investments in SME, later-stage growth capital opportunities within the UK, particularly in technology sectors.

Foresight VCT (LON:FTV - )'s stock price hit a new 52-week low on Monday . The company traded as low as GBX 63.50 ($0.84) and last traded at GBX 66.50 ($0.88), with a volume of 15 shares changing hands. The stock had previously closed at GBX 65 ($0.86).

Foresight VCT Stock Performance

The business's 50 day simple moving average is GBX 66.60 and its 200-day simple moving average is GBX 70.55. The stock has a market capitalization of £199.74 million, a price-to-earnings ratio of 8.11 and a beta of 0.04.

About Foresight VCT

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.

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