Foresight Enterprise VCT (LON:FTF) Shares Cross Below Fifty Day Moving Average of $58.96

Foresight Enterprise VCT (LON:FTF) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 58.96 ($0.75) and traded as low as GBX 58 ($0.74). Foresight Enterprise VCT shares last traded at GBX 58 ($0.74), with a volume of 535 shares traded.

Foresight Enterprise VCT Stock Down 5.7 %

The stock has a market capitalization of £158.85 million, a PE ratio of 1,450.00 and a beta of -0.04. The company has a 50-day moving average of GBX 58.96 and a 200 day moving average of GBX 58.54.

Foresight Enterprise VCT Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 27th will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date is Thursday, June 27th. This represents a yield of 5.37%. Foresight Enterprise VCT’s dividend payout ratio is presently 17,500.00%.

About Foresight Enterprise VCT

Foresight 4 VCT plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom.