Foresight VCT (LON:FTV) Trading 8.1% Higher - What's Next?

Key Points

• Foresight VCT shares rose by 8.1%, closing at GBX 67 ($0.90), despite a trading volume decline of 56% compared to the average session.
• The company reported a net margin of 75.85% and a return on equity of 10.05% in its latest quarterly earnings.
• Foresight VCT is a venture capital trust that invests primarily in SME and technology firms within the UK.

Foresight VCT (LON:FTV - Get Free Report) shares traded up 8.1% on Tuesday . The company traded as high as GBX 67 ($0.90) and last traded at GBX 67 ($0.90). 58,853 shares were traded during mid-day trading, a decline of 56% from the average session volume of 133,332 shares. The stock had previously closed at GBX 62 ($0.83).

Foresight VCT Stock Performance

The company has a market capitalization of £203.62 million, a P/E ratio of 905.41 and a beta of 0.04. The firm's fifty day moving average is GBX 65.21 and its 200-day moving average is GBX 68.16.

Foresight VCT (LON:FTV - Get Free Report) last issued its quarterly earnings data on Thursday, September 25th. The company reported GBX 0.90 EPS for the quarter. Foresight VCT had a net margin of 75.85% and a return on equity of 10.05%.

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.

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