Foresight Solar (LON:FSFL) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened
by Mitch Edgeman · The Markets DailyForesight Solar (LON:FSFL – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 65.26 and traded as high as GBX 65.80. Foresight Solar shares last traded at GBX 65.04, with a volume of 1,898,613 shares changing hands.
Foresight Solar Stock Performance
The company has a market cap of £356.55 million, a price-to-earnings ratio of 83.08 and a beta of 0.27. The firm has a 50-day simple moving average of GBX 65.26 and a 200 day simple moving average of GBX 75.79. The company has a quick ratio of 121.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.03.
Foresight Solar Company Profile
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.