Foresight VCT (LON:FTV) Sets New 1-Year Low - What's Next?

Foresight VCT (LON:FTV - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 63.50 ($0.85) and last traded at GBX 63.50 ($0.85), with a volume of 1868 shares. The stock had previously closed at GBX 65 ($0.87).

Foresight VCT Stock Down 2.3%

The firm has a market capitalization of £190.73 million, a price-to-earnings ratio of 7.75 and a beta of 0.04. The company's 50 day moving average price is GBX 69.26 and its 200 day moving average price is GBX 72.19.

Foresight VCT (LON:FTV - Get Free Report) last issued its earnings results on Wednesday, April 16th. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter. Foresight VCT had a return on equity of 10.05% and a net margin of 75.85%.

Foresight VCT Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were issued a dividend of GBX 6.40 ($0.09) per share. This is an increase from Foresight VCT's previous dividend of $4.40. The ex-dividend date was Thursday, May 15th. This represents a dividend yield of 8.59%. Foresight VCT's payout ratio is 48.81%.

Foresight VCT Company Profile

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.