Foresight Solar (LON:FSFL) Stock Price Crosses Below 200-Day Moving Average of $91.52

Foresight Solar (LON:FSFL)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 91.52 ($1.13) and traded as low as GBX 85.10 ($1.05). Foresight Solar shares last traded at GBX 88 ($1.09), with a volume of 567,507 shares.

Foresight Solar Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 70.04 and a quick ratio of 121.68. The stock has a market capitalization of £523.43 million, a price-to-earnings ratio of 2,933.33 and a beta of 0.24. The firm has a fifty day moving average of GBX 86.61 and a 200 day moving average of GBX 91.52.

Foresight Solar Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 25th will be paid a dividend of GBX 1.90 ($0.02) per share. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 25th. Foresight Solar’s dividend payout ratio is currently 26,666.67%.

Insider Buying and Selling at Foresight Solar

In other news, insider Christopher Ambler bought 11,129 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was acquired at an average cost of GBX 90 ($1.11) per share, with a total value of £10,016.10 ($12,371.67). 0.06% of the stock is currently 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.