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

Key Points

• Foresight VCT reached a new 52-week low during trading, hitting GBX 63.50 ($0.86) before closing at GBX 66.50 ($0.90).
• The company has a market capitalization of £199.74 million and a PE ratio of 8.11, indicating potential valuation insights for investors.
• Foresight VCT specializes in investments in SME and later-stage growth capital opportunities, particularly in technology companies within the UK.

Foresight VCT (LON:FTV - ) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 63.50 ($0.86) and last traded at GBX 66.50 ($0.90), with a volume of 457 shares trading hands. The stock had previously closed at GBX 65 ($0.88).

Foresight VCT Stock Up 2.3%

The firm's 50-day simple moving average is GBX 66.24 and its 200-day simple moving average is GBX 70.27. The firm has a market capitalization of £199.74 million, a PE 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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