Foresight Solar (LON:FSFL – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.54) earnings per share for the quarter, Digital Look Earnings reports. Foresight Solar had a negative return on equity of 5.64% and a negative net margin of 112.38%.
Foresight Solar Stock Performance
Foresight Solar stock opened at GBX 70.74 on Wednesday. The stock has a fifty day moving average of GBX 70.92 and a two-hundred day moving average of GBX 68.17. The company has a market capitalization of £385.43 million, a price-to-earnings ratio of -12.13 and a beta of 0.32. Foresight Solar has a fifty-two week low of GBX 59.60 and a fifty-two week high of GBX 81.30.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Foresight Solar in a report on Wednesday, August 12th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
About Foresight Solar
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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