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

Foresight VCT (LON:FTV - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 71.22 ($0.96) and traded as low as GBX 68 ($0.92). Foresight VCT shares last traded at GBX 68 ($0.92), with a volume of 3,765 shares.

Foresight VCT Stock Up 2.2%

The company has a market cap of £213.26 million, a price-to-earnings ratio of 8.66 and a beta of 0.04. The firm has a 50-day simple moving average of GBX 71 and a 200 day simple moving average of GBX 72.67.

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 declared a dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be issued a GBX 6.40 ($0.09) dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 8.59%. This is a boost from Foresight VCT's previous dividend of $4.40. Foresight VCT's dividend payout ratio is currently 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.