Shares of NextEnergy Solar Fund Limited (LON:NESF – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 46.51 and traded as low as GBX 45.55. NextEnergy Solar Fund shares last traded at GBX 45.60, with a volume of 2,482,321 shares changing hands.
NextEnergy Solar Fund Price Performance
The company has a current ratio of 9.28, a quick ratio of 13.96 and a debt-to-equity ratio of 38.86. The company has a market capitalization of £254.53 million, a P/E ratio of -43.81, a P/E/G ratio of 1.17 and a beta of 0.31. The business’s fifty day moving average price is GBX 46.21 and its 200-day moving average price is GBX 50.12.
About NextEnergy Solar Fund
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. The majority of NESF’s long-term cash flows are inflation-linked via UK government subsidies.
As at 31 December 2024, the Company had an unaudited gross asset value of £1,071m.
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