Foresight Environmental Infra (LON:FGEN) Hits New 1-Year High – Still a Buy?

Foresight Environmental Infra (LON:FGEN) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 89.50 and last traded at GBX 88.70, with a volume of 690058 shares traded. The stock had previously closed at GBX 87.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “hold” rating on shares of Foresight Environmental Infra in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Foresight Environmental Infra currently has an average rating of “Hold”.

Foresight Environmental Infra Stock Performance

The stock has a market cap of £552.90 million, a PE ratio of 15.03 and a beta of 0.41. The business has a 50 day moving average price of GBX 84.96 and a two-hundred day moving average price of GBX 77.11.

Foresight Environmental Infra (LON:FGEN) last issued its earnings results on Thursday, June 18th. The company reported GBX 5.90 earnings per share for the quarter. Foresight Environmental Infra had a net margin of 95.30% and a return on equity of 5.68%.

Foresight Environmental Infra Company Profile

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.