Foresight Solar (LON:FSFL) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Posted by Tech Dows on Jan 19th, 2025

Foresight Solar (LON:FSFL – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 85.95 ($1.05) and traded as low as GBX 71.55 ($0.87). Foresight Solar shares last traded at GBX 73 ($0.89), with a volume of 11,506,105 shares.

Foresight Solar Trading Down 0.5 %

The firm’s 50 day moving average price is GBX 77.25 and its 200-day moving average price is GBX 85.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 13.35 and a quick ratio of 121.68. The stock has a market cap of £412.46 million, a P/E ratio of -3,630.00 and a beta of 0.27.

Foresight Solar Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 23rd will be given a GBX 2 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a yield of 2.48%. Foresight Solar’s dividend payout ratio (DPR) is presently -40,000.00%.

Insiders Place Their Bets

In related news, insider Tony Roper bought 15,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was acquired at an average price of GBX 81 ($0.99) per share, with a total value of £12,150 ($14,782.82). Also, insider Christopher Ambler purchased 18,567 shares of the stock in a transaction dated Friday, November 22nd. The shares were purchased at an average cost of GBX 81 ($0.99) per share, for a total transaction of £15,039.27 ($18,298.17). Corporate insiders own 0.10% of the company’s stock.

Foresight Solar Company Profile

(Get Free Report)

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.