Foresight VCT (LON:FTV) Hits New 52-Week Low – Time to Sell?

Foresight VCT (LON:FTV)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 59.50 and last traded at GBX 61, with a volume of 11473 shares changing hands. The stock had previously closed at GBX 61.

Foresight VCT Stock Performance

The company has a market capitalization of £213.68 million, a price-to-earnings ratio of 31.19 and a beta of 0.05. The firm has a 50-day simple moving average of GBX 63.52 and a two-hundred day simple moving average of GBX 64.87.

Foresight VCT (LON:FTV) last issued its quarterly earnings results on Tuesday, April 14th. The company reported GBX 1.20 earnings per share (EPS) for the quarter. The business had revenue of GBX 598 million for the quarter. Foresight VCT had a negative net margin of 5.33% and a positive return on equity of 0.01%.

Foresight VCT Company Profile

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.