Foresight Solar (LON:FSFL) Shares Pass Above 50 Day Moving Average of $88.50

Foresight Solar (LON:FSFL) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 88.50 ($1.12) and traded as high as GBX 90.60 ($1.15). Foresight Solar shares last traded at GBX 90 ($1.14), with a volume of 970,439 shares changing hands.

Foresight Solar Price Performance

The stock has a fifty day simple moving average of GBX 88.50 and a two-hundred day simple moving average of GBX 90.74. The company has a market cap of £519.46 million, a PE ratio of -4,500.00 and a beta of 0.26. The company has a current ratio of 13.35, a quick ratio of 121.68 and a debt-to-equity ratio of 0.03.

Foresight Solar Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, July 25th will be issued a GBX 2 ($0.03) dividend. This represents a yield of 2.26%. The ex-dividend date is Thursday, July 25th. This is a positive change from Foresight Solar’s previous dividend of $1.90. Foresight Solar’s payout ratio is currently -40,000.00%.

Insider Buying and Selling at Foresight Solar

In related news, insider Christopher Ambler purchased 11,523 shares of Foresight Solar stock in a transaction dated Wednesday, May 29th. The stock was bought at an average cost of GBX 87 ($1.10) per share, for a total transaction of £10,025.01 ($12,717.25). In related news, insider Christopher Ambler acquired 11,523 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was purchased at an average cost of GBX 87 ($1.10) per share, for a total transaction of £10,025.01 ($12,717.25). Also, insider Alex Ohlsson acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were bought at an average price of GBX 87 ($1.10) per share, with a total value of £87,000 ($110,364.07). 0.08% of the stock is owned by corporate insiders.

About Foresight Solar

Foresight Solar Fund Limited (LSE:FSFL) specializes infrastructure investments in new energy and environment with a focus on solar power plants and solar farms. It seeks to invest in the United Kingdom.