NextEnergy Solar Fund (LON:NESF) Shares Down 0.5% - Here's Why

Shares of NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) were down 0.5% during trading on Tuesday . The stock traded as low as GBX 73 ($0.99) and last traded at GBX 73 ($0.99). Approximately 1,459,440 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 2,002,335 shares. The stock had previously closed at GBX 73.40 ($1.00).

NextEnergy Solar Fund Price Performance

The firm has a market cap of £427.25 million, a price-to-earnings ratio of -31.37, a P/E/G ratio of 1.17 and a beta of 0.29. The business's 50-day simple moving average is GBX 70.50 and its two-hundred day simple moving average is GBX 68.09. The company has a current ratio of 25.38, a quick ratio of 13.96 and a debt-to-equity ratio of 34.68.

NextEnergy Solar Fund (LON:NESF - Get Free Report) last posted its quarterly earnings data on Monday, June 16th. The company reported GBX (1.86) (($0.03)) earnings per share for the quarter. NextEnergy Solar Fund had a negative return on equity of 2.33% and a negative net margin of 408.61%. As a group, research analysts expect that NextEnergy Solar Fund Limited will post 7.8159757 EPS for the current fiscal year.

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.