Foresight Solar (LON:FSFL) Share Price Crosses Above Fifty Day Moving Average of $86.80

Shares of Foresight Solar (LON:FSFL) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 86.80 ($1.09) and traded as high as GBX 91 ($1.14). Foresight Solar shares last traded at GBX 90.50 ($1.14), with a volume of 342,596 shares trading hands.

Foresight Solar Trading Down 0.8 %

The company has a market cap of £518.18 million, a price-to-earnings ratio of -4,525.00 and a beta of 0.28. The business’s fifty day moving average price is GBX 86.80 and its 200 day moving average price is GBX 91.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 13.35 and a quick ratio of 121.68.

Foresight Solar Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, May 24th. Shareholders of record on Thursday, April 25th will be given a GBX 1.90 ($0.02) dividend. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 2.1%. Foresight Solar’s dividend payout ratio (DPR) is presently -40,000.00%.

Insider Activity

In related news, insider Christopher Ambler bought 11,129 shares of Foresight Solar stock in a transaction that occurred on Thursday, March 14th. The shares were acquired at an average cost of GBX 90 ($1.13) per share, for a total transaction of £10,016.10 ($12,583.04). Insiders own 0.08% of the company’s stock.

Foresight Solar Company Profile

Foresight Solar Fund Limited (LSE:FSFL) specializes infrastructure investments in new energy and environment with a focus on solar power plants and solar farms. It seeks to invest in the United Kingdom.