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NextEnergy Solar Fund (LON:NESF) Stock Price Down 0.7% - What's Next?

NextEnergy Solar Fund logo with Financial Services background

Key Points

  • NextEnergy Solar Fund's shares fell by 0.7%, closing at GBX 75.20 ($1.00), with a significant drop in trading volume of 48% compared to its average.
  • The company reported a quarterly earnings loss of GBX (1.86) (($0.02)) per share, with a negative net margin of 408.61%.
  • NextEnergy Solar Fund operates as a specialist investment company in solar energy and aims to provide risk-adjusted returns through dividends from utility-scale solar assets.
  • Want stock alerts on NextEnergy Solar Fund? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) dropped 0.7% during mid-day trading on Tuesday . The stock traded as low as GBX 75.10 ($1.00) and last traded at GBX 75.20 ($1.00). Approximately 1,048,524 shares traded hands during trading, a decline of 48% from the average daily volume of 2,002,405 shares. The stock had previously closed at GBX 75.70 ($1.00).

NextEnergy Solar Fund Stock Down 1.5%

The stock has a market capitalization of £433.07 million, a PE ratio of -31.79, a PEG ratio of 1.17 and a beta of 0.29. The firm's fifty day moving average is GBX 72.15 and its 200-day moving average is GBX 69.25. The company has a quick ratio of 13.96, a current ratio of 25.38 and a debt-to-equity ratio of 34.68.

NextEnergy Solar Fund (LON:NESF - Get Free Report) last issued its earnings results on Monday, June 16th. The company reported GBX (1.86) (($0.02)) earnings per share (EPS) for the quarter. NextEnergy Solar Fund had a negative net margin of 408.61% and a negative return on equity of 2.33%. On average, equities research analysts predict that NextEnergy Solar Fund Limited will post 7.8159757 earnings per share for the current year.

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.

See Also

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