Foresight Group (LON:FSG) Hits New 52-Week Low – Here’s What Happened

Foresight Group Holdings Limited (LON:FSG) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 379 ($4.74) and last traded at GBX 379 ($4.74), with a volume of 232038 shares changing hands. The stock had previously closed at GBX 396 ($4.95).

Foresight Group Stock Down 4.3 %

The stock has a 50-day moving average price of GBX 428.51 and a 200 day moving average price of GBX 477.21. The firm has a market capitalization of £436.99 million, a price-to-earnings ratio of 1,722.73 and a beta of 0.44.

Foresight Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be given a GBX 7.40 ($0.09) dividend. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, January 16th. Foresight Group’s dividend payout ratio is presently 14,090.91%.

Foresight Group Company Profile

Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.