Foresight Solar (LON:FSFL – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 70.12 and traded as high as GBX 71.20. Foresight Solar shares last traded at GBX 69.70, with a volume of 1,625,704 shares changing hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reiterated a “hold” rating on shares of Foresight Solar in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Stock Report on Foresight Solar
Foresight Solar Stock Down 3.3%
The stock has a market cap of £370.47 million, a price-to-earnings ratio of -11.18 and a beta of 0.32. The company has a current ratio of 4.41, a quick ratio of 121.68 and a debt-to-equity ratio of 0.04. The business’s fifty day simple moving average is GBX 70.10 and its 200 day simple moving average is GBX 69.24.
Foresight Solar (LON:FSFL – Get Free Report) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (0.54) EPS for the quarter. Foresight Solar had a negative return on equity of 6.35% and a negative net margin of 80.27%. Equities analysts forecast that Foresight Solar will post 2.07 earnings per share for the current fiscal year.
Foresight Solar Company Profile
Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.
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