Foresight Solar (LON:FSFL) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Foresight Solar (LON:FSFLGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 63.78 and traded as high as GBX 64. Foresight Solar shares last traded at GBX 62.90, with a volume of 722,921 shares changing hands.

Foresight Solar Stock Performance

The company has a market capitalization of £345.44 million, a price-to-earnings ratio of 80.63 and a beta of 0.27. The company has a current ratio of 1.84, a quick ratio of 121.68 and a debt-to-equity ratio of 0.03. The stock’s fifty day simple moving average is GBX 63.78 and its 200-day simple moving average is GBX 72.34.

About Foresight Solar

(Get Free Report)

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.

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