NextEnergy Solar Fund (LON:NESF) Reaches New 1-Year Low - Time to Sell?

Key Points

• 52-week low: NextEnergy Solar Fund hit a new 52-week low, trading as low as GBX 43.30 and last at GBX 43.95 on ~2.30M shares, trading below its 50-day (GBX 49.59) and 200-day (GBX 53.89) moving averages.
• Valuation and balance-sheet snapshot: market cap £252.8m, negative P/E (-43.51) with a PEG of 1.17, debt-to-equity 38.86, and high short-term liquidity (current ratio 9.28, quick ratio 13.96), signaling negative earnings but ample short-term resources.
• Business profile: NESF is a FTSE 250 specialist solar and energy-storage investment company aiming to pay regular dividends from a diversified utility-scale portfolio, with most long-term cash flows inflation-linked to UK government subsidies and a gross asset value of £1,071m (unaudited at 31 Dec 2024).

NextEnergy Solar Fund Limited (LON:NESF - )'s stock price reached a new 52-week low on Monday . The company traded as low as GBX 43.30 and last traded at GBX 43.95, with a volume of 2297572 shares changing hands. The stock had previously closed at GBX 44.65.

NextEnergy Solar Fund Stock Performance

The stock has a market cap of £252.80 million, a price-to-earnings ratio of -43.51, a price-to-earnings-growth ratio of 1.17 and a beta of 0.46. The company has a debt-to-equity ratio of 38.86, a current ratio of 9.28 and a quick ratio of 13.96. The stock's 50-day moving average is GBX 49.59 and its 200-day moving average is GBX 53.89.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the main market of the London Stock Exchange and is a FTSE 250 constituent. NextEnergy Solar Fund's investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets. The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies. As at 31 December 2024, the Company had an unaudited gross asset value of £1,071m.

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