Foresight Solar (LON:FSFL – Get Free Report) posted its earnings results on Wednesday. The company reported GBX (0.54) EPS for the quarter, Digital Look Earnings reports. Foresight Solar had a negative return on equity of 5.64% and a negative net margin of 112.38%.
Foresight Solar Stock Up 0.6%
Shares of FSFL opened at GBX 70.94 on Wednesday. Foresight Solar has a 12-month low of GBX 59.60 and a 12-month high of GBX 81.30. The business has a 50-day simple moving average of GBX 70.92 and a two-hundred day simple moving average of GBX 68.17. The stock has a market cap of £386.55 million, a PE ratio of -12.17 and a beta of 0.32.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Foresight Solar in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Foresight Solar presently has an average rating of “Hold”.
Foresight Solar Company Profile
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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