Foresight Solar (LON:FSFL) Announces Quarterly Earnings Results

by · The Cerbat Gem

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

Foresight Solar Trading Up 0.8%

Shares of FSFL opened at GBX 71.04 on Wednesday. The firm has a fifty day moving average price of GBX 70.92 and a 200-day moving average price of GBX 68.17. The firm has a market capitalization of £387.09 million, a P/E ratio of -12.19 and a beta of 0.32. Foresight Solar has a 12-month low of GBX 59.60 and a 12-month high of GBX 81.30.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of Foresight Solar in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Foresight Solar currently has a consensus rating of “Hold”.

View Our Latest Analysis on Foresight Solar

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.

Read More