Foresight Environmental Infra (LON:FGEN) Trading Up 2.6% – Here’s Why

Foresight Environmental Infra (LON:FGEN) was up 2.6% during mid-day trading on Monday . The stock traded as high as GBX 70.70 and last traded at GBX 69.80. Approximately 2,447,657 shares changed hands during mid-day trading, an increase of 97% from the average daily volume of 1,239,374 shares. The stock had previously closed at GBX 68.

Foresight Environmental Infra Stock Up 2.6%

The stock has a 50 day simple moving average of GBX 66.52 and a 200 day simple moving average of GBX 72.94. The company has a market cap of £435.09 million and a price-to-earnings ratio of 58.17.

Foresight Environmental Infra (LON:FGEN) last posted its earnings results on Friday, November 28th. The company reported GBX 1.50 earnings per share (EPS) for the quarter.

About Foresight Environmental Infra

Foresight Environmental Infrastructure (FGEN) formerly known as JLEN. The Company’s investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change.