Foresight Enterprise VCT (LON:FTF) Shares Pass Above 50 Day Moving Average – Should You Sell?

Foresight Enterprise VCT (LON:FTF) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 46.75 and traded as high as GBX 48. Foresight Enterprise VCT shares last traded at GBX 48, with a volume of 31,269 shares traded.

Foresight Enterprise VCT Price Performance

The firm’s 50 day simple moving average is GBX 46.75 and its 200 day simple moving average is GBX 45.97. The stock has a market capitalization of £151.03 million, a PE ratio of 96.00 and a beta of -0.03.

Foresight Enterprise VCT (LON:FTF) last released its earnings results on Friday, September 26th. The company reported GBX 0.30 EPS for the quarter. Foresight Enterprise VCT had a net margin of 90.24% and a return on equity of 4.58%.

Foresight Enterprise VCT Company Profile

Foresight Enterprise 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. The trust invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, and fixed-interest securities as well as cash.