NextEnergy Solar (LON:NESF) Sets New 1-Year Low at $70.50

NextEnergy Solar (LON:NESF)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 70.50 ($0.89) and last traded at GBX 71.20 ($0.90), with a volume of 1016090 shares traded. The stock had previously closed at GBX 71.50 ($0.90).

NextEnergy Solar Price Performance

The company has a market capitalization of £422.44 million, a price-to-earnings ratio of 1,021.43, a price-to-earnings-growth ratio of 1.17 and a beta of 0.21. The company has a quick ratio of 13.96, a current ratio of 7.99 and a debt-to-equity ratio of 29.39. The company has a 50 day simple moving average of GBX 77.55 and a 200 day simple moving average of GBX 82.91.

NextEnergy Solar Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 15th will be paid a dividend of GBX 2.09 ($0.03) per share. The ex-dividend date is Thursday, February 15th. This represents a yield of 2.61%. NextEnergy Solar’s dividend payout ratio is presently 11,428.57%.

About NextEnergy Solar

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.