Foresight Technology VCT (LON:FWT) Posts Quarterly Earnings Results

Foresight Technology VCT (LON:FWT) released its earnings results on Wednesday. The company reported GBX (0.90) earnings per share for the quarter, Digital Look Earnings reports. Foresight Technology VCT had a net margin of 132.48% and a negative return on equity of 3.27%.

Foresight Technology VCT Stock Performance

LON FWT opened at GBX 88 on Thursday. The stock has a market cap of £44.40 million, a PE ratio of -11.82 and a beta of -0.25. The firm has a 50-day moving average of GBX 87.10 and a 200-day moving average of GBX 87.18. Foresight Technology VCT has a 52-week low of GBX 78 and a 52-week high of GBX 88.

Foresight Technology VCT Company Profile

Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.