Foresight Enterprise VCT (LON:FTF) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Foresight Enterprise VCT (LON:FTF)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 46.49 and traded as low as GBX 45.60. Foresight Enterprise VCT shares last traded at GBX 45.60, with a volume of 20,218 shares traded.

Foresight Enterprise VCT Price Performance

The company has a market capitalization of £182.60 million, a PE ratio of 42.55 and a beta of 0.09. The stock’s 50 day simple moving average is GBX 46.26 and its 200-day simple moving average is GBX 46.49.

Foresight Enterprise VCT (LON:FTF) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 0.40 earnings per share (EPS) for the quarter. The company had revenue of GBX 324 million for the quarter. Foresight Enterprise VCT had a net margin of 22.53% and a return on equity of 2.79%.

Foresight Enterprise VCT Company Profile

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom. The trust invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, and fixed-interest securities as well as cash.