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NextEnergy Solar Fund (LON:NESF) Sets New 1-Year Low - Should You Sell?

NextEnergy Solar Fund logo with Financial Services background
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Key Points

  • 52-week low: Shares hit a new one-year low intraday at GBX 43.16 and last traded at GBX 47.33 on heavy volume (20,505,127 shares), after a prior close of GBX 45.30.
  • Valuation and technicals show pressure—market cap £272.24m, a negative P/E of -46.86 and PEG 1.17, and the stock is trading below both its 50-day (GBX 50.63) and 200-day (GBX 55.84) moving averages.
  • Business profile: NextEnergy Solar Fund is a FTSE 250 specialist solar and energy storage investment company with unaudited gross assets of £1,071m (as of 31 Dec 2024) and the majority of its long-term cash flows are inflation-linked via UK government subsidies, supporting its dividend-focused objective.
  • MarketBeat previews the top five stocks to own by May 1st.

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 43.16 and last traded at GBX 47.33, with a volume of 20505127 shares changing hands. The stock had previously closed at GBX 45.30.

NextEnergy Solar Fund Stock Performance

The company has a market capitalization of £272.24 million, a PE ratio of -46.86, a price-to-earnings-growth ratio of 1.17 and a beta of 0.46. The business's fifty day moving average is GBX 50.63 and its two-hundred day moving average is GBX 55.84. 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

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