Foresight Solar (LON:FSFL) Releases Quarterly Earnings Results

Foresight Solar (LON:FSFL) issued its quarterly earnings data on Wednesday. The company reported GBX (0.54) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Foresight Solar had a negative return on equity of 5.64% and a negative net margin of 112.38%.

Foresight Solar Price Performance

Shares of LON:FSFL opened at GBX 71 on Thursday. The business has a 50 day simple moving average of GBX 70.86 and a two-hundred day simple moving average of GBX 68.21. The firm has a market capitalization of £386.86 million, a PE ratio of -12.18 and a beta of 0.32. Foresight Solar has a 1 year low of GBX 59.60 and a 1 year high of GBX 81.30.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a “hold” rating on shares of Foresight Solar in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.