Foresight Enterprise VCT (LON:FTF) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Foresight Enterprise VCT (LON:FTF)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 45.20 and traded as low as GBX 41. Foresight Enterprise VCT shares last traded at GBX 44.80, with a volume of 6,249 shares changing hands.

Foresight Enterprise VCT Price Performance

The company’s 50-day simple moving average is GBX 45.20 and its 200-day simple moving average is GBX 45.91. The stock has a market capitalization of £174.80 million, a P/E ratio of 40.73 and a beta of 0.02.

Foresight Enterprise VCT (LON:FTF) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 0.40 EPS for the quarter. The company had revenue of GBX 324 million during the quarter. Foresight Enterprise VCT had a net margin of 23.76% and a return on equity of 2.26%.

About Foresight Enterprise VCT

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom. The trust invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, and fixed-interest securities as well as cash.