NextEnergy Solar Fund (LON:NESF) Shares Down 0.6% - What's Next?

Key Points

• NextEnergy Solar Fund (LON:NESF) saw its stock price decline by 0.6%, trading at GBX 66.90 ($0.91) after previously closing at GBX 67.30.
• The company reported a negative net margin of 408.61% and a loss per share of GBX (1.86) in its latest quarterly earnings, indicating financial challenges.
• NextEnergy Solar Fund aims to provide shareholders with attractive risk-adjusted returns through investments in utility-scale solar energy and energy storage assets.

Shares of NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) traded down 0.6% during trading on Tuesday . The stock traded as low as GBX 66.80 ($0.91) and last traded at GBX 66.90 ($0.91). 1,185,344 shares traded hands during trading, a decline of 41% from the average session volume of 2,001,931 shares. The stock had previously closed at GBX 67.30 ($0.91).

NextEnergy Solar Fund Price Performance

The company has a debt-to-equity ratio of 34.68, a current ratio of 25.38 and a quick ratio of 13.96. The firm's 50 day simple moving average is GBX 72.44 and its 200 day simple moving average is GBX 70.36. The stock has a market capitalization of £377.91 million, a PE ratio of -3,532.26, a P/E/G ratio of 1.17 and a beta of 0.29.

NextEnergy Solar Fund (LON:NESF - Get Free Report) last issued its earnings results on Monday, June 16th. The company reported GBX (1.86) EPS 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, equities analysts forecast that NextEnergy Solar Fund Limited will post 7.8159757 EPS for the current fiscal year.

About NextEnergy Solar Fund

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.