Foresight Technology VCT (LON:FWT) Posts Quarterly Earnings Results

Foresight Technology VCT (LON:FWT) released its quarterly earnings results on Friday. The company reported GBX (0.30) earnings per share for the quarter, Digital Look Earnings reports. Foresight Technology VCT had a net margin of 8,232.39% and a return on equity of 195.56%.

Foresight Technology VCT Price Performance

Foresight Technology VCT stock opened at GBX 88 on Friday. The firm has a market cap of £40.49 million, a PE ratio of -10.52 and a beta of -0.25. The stock’s fifty day moving average price is GBX 84.80 and its two-hundred day moving average price is GBX 85.63. Foresight Technology VCT has a one year low of GBX 78 and a one year high of GBX 100.

Foresight Technology VCT Company Profile

Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.