Free Trial

NextEnergy Solar Fund (LON:NESF) Reaches New 12-Month Low - Time to Sell?

NextEnergy Solar Fund logo with Financial Services background
Image from MarketBeat Media, LLC.

Key Points

  • New 52-week low: NextEnergy Solar Fund hit a fresh 52-week low, trading as low as GBX 43 and last at GBX 44.05 on heavy volume of 4,777,139 shares.
  • Technical and valuation signals show weakness, with the stock below its 50‑day (GBX 48.02) and 200‑day (GBX 51.82) moving averages and a negative P/E of -43.61, while market cap is about £253.4M.
  • Business fundamentals: NESF is a FTSE 250 specialist solar and energy storage investment company targeting dividend returns, with most cash flows inflation‑linked to UK subsidies and an unaudited gross asset value of £1,071M as of 31 Dec 2024.
  • Interested in NextEnergy Solar Fund? Here are five stocks we like better.

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 43 and last traded at GBX 44.05, with a volume of 4777139 shares changing hands. The stock had previously closed at GBX 44.35.

NextEnergy Solar Fund Stock Performance

The company's 50-day moving average price is GBX 48.02 and its two-hundred day moving average price is GBX 51.82. The company has a market cap of £253.38 million, a P/E ratio of -43.61, a price-to-earnings-growth ratio of 1.17 and a beta of 0.46. The company has a current ratio of 9.28, a quick ratio of 13.96 and a debt-to-equity ratio of 38.86.

NextEnergy Solar Fund Company Profile

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in NextEnergy Solar Fund Right Now?

Before you consider NextEnergy Solar Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextEnergy Solar Fund wasn't on the list.

While NextEnergy Solar Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines