NextEnergy Solar Fund (LON:NESF) Hits New 1-Year Low at $70.50

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as GBX 70.50 ($0.89) and last traded at GBX 70.50 ($0.89), with a volume of 1211870 shares traded. The stock had previously closed at GBX 71.50 ($0.90).

NextEnergy Solar Fund Price Performance

The company has a debt-to-equity ratio of 29.39, a quick ratio of 13.96 and a current ratio of 7.99. The company has a 50-day moving average of GBX 75.92 and a 200-day moving average of GBX 82.38. The stock has a market capitalization of £416.53 million, a price-to-earnings ratio of 1,007.14, a P/E/G ratio of 1.17 and a beta of 0.21.

NextEnergy Solar Fund Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 15th were issued a GBX 2.09 ($0.03) dividend. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 2.61%. NextEnergy Solar Fund's dividend payout ratio (DPR) is 11,428.57%.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.