Foresight Environmental Infra (LON:FGEN) Sets New 1-Year High – Here’s Why

Foresight Environmental Infra (LON:FGEN)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 88.30 and last traded at GBX 85.10, with a volume of 2230526 shares changing hands. The stock had previously closed at GBX 86.60.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “hold” rating on shares of Foresight Environmental Infra in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Foresight Environmental Infra Stock Down 1.7%

The stock has a market cap of £530.46 million, a P/E ratio of 70.92 and a beta of 0.42. The firm has a 50 day moving average price of GBX 78.27 and a 200 day moving average price of GBX 72.96.

Foresight Environmental Infra (LON:FGEN) last announced its quarterly earnings data on Thursday, June 18th. The company reported GBX 5.90 earnings per share (EPS) for the quarter. Foresight Environmental Infra had a return on equity of 5.58% and a net margin of 95.30%.

About Foresight Environmental Infra

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.