Foresight Solar (LON:FSFL) Announces Earnings Results

Foresight Solar (LON:FSFLGet Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.54) EPS for the quarter, Digital Look Earnings reports. Foresight Solar had a negative net margin of 112.38% and a negative return on equity of 5.64%.

Foresight Solar Stock Performance

FSFL stock opened at GBX 70.74 on Wednesday. Foresight Solar has a one year low of GBX 59.60 and a one year high of GBX 81.30. The company’s fifty day moving average price is GBX 70.92 and its 200-day moving average price is GBX 68.17. The company has a market capitalization of £385.43 million, a PE ratio of -12.13 and a beta of 0.32.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Foresight Solar in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

View Our Latest Stock Report on Foresight Solar

About Foresight Solar

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Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.

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