NextEnergy Solar Fund (LON:NESF) Shares Down 0.6% - Should You Sell?

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report)'s share price traded down 0.6% during mid-day trading on Monday . The stock traded as low as GBX 70 ($0.95) and last traded at GBX 70.60 ($0.95). 1,330,644 shares were traded during mid-day trading, a decline of 32% from the average session volume of 1,944,490 shares. The stock had previously closed at GBX 71 ($0.96).

NextEnergy Solar Fund Trading Down 0.1%

The business's fifty day moving average is GBX 68.72 and its 200-day moving average is GBX 67.34. The company has a debt-to-equity ratio of 34.68, a quick ratio of 13.96 and a current ratio of 25.38. The firm has a market cap of £409.23 million, a P/E ratio of -30.04, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29.

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.