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Foresight VCT (LON:FTV) Trading 2.3% Higher - Here's Why

Foresight VCT logo with Financial Services background

Key Points

  • Foresight VCT's stock increased by 2.3% to GBX 66.50 ($0.89), despite a significant decline in trading volume with only 21 shares exchanged compared to an average of 143,687 shares.
  • The company has a market capitalization of £199.74 million and a price-to-earnings ratio of 8.11, indicating it operates with low volatility (beta of 0.04).
  • Foresight VCT specializes in investing in SME growth capital opportunities and technology firms in the UK, focusing on unquoted or AIM-listed companies.
  • Looking to export and analyze Foresight VCT data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Foresight VCT (LON:FTV - Get Free Report) rose 2.3% on Friday . The company traded as high as GBX 66.50 ($0.90) and last traded at GBX 66.50 ($0.90). Approximately 21 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 143,687 shares. The stock had previously closed at GBX 65 ($0.88).

Foresight VCT Trading Up 2.3%

The company has a market cap of £199.74 million, a price-to-earnings ratio of 8.11 and a beta of 0.04. The stock has a 50 day moving average price of GBX 66.24 and a two-hundred day moving average price of GBX 70.27.

Foresight VCT Company Profile

(Get Free Report)

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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