Foresight VCT (LON:FTV) Shares Pass Below Fifty Day Moving Average - Should You Sell?

Foresight VCT (LON:FTV - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 69.54 ($0.95) and traded as low as GBX 63.50 ($0.86). Foresight VCT shares last traded at GBX 63.50 ($0.86), with a volume of 25,962 shares changing hands.

Foresight VCT Trading Down 2.3%

The business has a 50-day moving average of GBX 69 and a two-hundred day moving average of GBX 72.12. The firm has a market cap of £190.73 million, a P/E ratio of 7.75 and a beta of 0.04.

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

Foresight VCT Increases Dividend

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