Foresight Technology VCT (LON:FWT) Posts Earnings Results

Foresight Technology VCT (LON:FWT) announced its quarterly earnings data on Wednesday. The company reported GBX (0.90) earnings per share for the quarter, Digital Look Earnings reports. Foresight Technology VCT had a negative return on equity of 3.27% and a net margin of 132.48%.

Foresight Technology VCT Stock Performance

Shares of Foresight Technology VCT stock remained flat at GBX 88 during trading hours on Thursday. Foresight Technology VCT has a 1 year low of GBX 78 and a 1 year high of GBX 88. The business’s 50-day moving average is GBX 87.10 and its two-hundred day moving average is GBX 87.18. The company has a market cap of £44.40 million, a PE ratio of -11.82 and a beta of -0.25.

About Foresight Technology VCT

Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.