Foresight Environmental Infra (LON:FGEN) Trading 4% Higher – Should You Buy?

Foresight Environmental Infra (LON:FGENGet Free Report)’s stock price shot up 4% on Thursday . The stock traded as high as GBX 70.10 and last traded at GBX 70. 3,193,619 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 1,511,991 shares. The stock had previously closed at GBX 67.30.

Foresight Environmental Infra Stock Performance

The company has a market cap of £448.80 million and a PE ratio of 60.00. The firm’s 50 day moving average is GBX 69.26 and its 200-day moving average is GBX 70.25.

Foresight Environmental Infra (LON:FGENGet Free Report) last released its earnings results on Friday, November 28th. The company reported GBX 1.50 earnings per share for the quarter.

Insider Activity at Foresight Environmental Infra

In related news, insider Stephanie Coxon acquired 20,000 shares of Foresight Environmental Infra stock in a transaction that occurred on Thursday, February 26th. The shares were purchased at an average price of GBX 68 per share, for a total transaction of £13,600. Corporate insiders own 0.05% of the company’s stock.

Foresight Environmental Infra Company Profile

(Get Free Report)

Foresight Environmental Infrastructure (FGEN) formerly known as JLEN. The Company’s investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change.

Further Reading

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