Foresight Solar (LON:FSFL) Shares Cross Above 50 Day Moving Average – Here’s Why

Foresight Solar (LON:FSFLGet Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 63.78 and traded as high as GBX 64. Foresight Solar shares last traded at GBX 62.90, with a volume of 722,921 shares traded.

Foresight Solar Price Performance

The business has a fifty day moving average price of GBX 63.77 and a 200 day moving average price of GBX 72.15. The company has a debt-to-equity ratio of 0.03, a quick ratio of 121.68 and a current ratio of 1.84. The company has a market cap of £347.11 million, a price-to-earnings ratio of 81.03 and a beta of 0.27.

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.

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