Foresight Enterprise VCT (LON:FTF) Stock Passes Below 50-Day Moving Average – Should You Sell?

Foresight Enterprise VCT (LON:FTF) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 54.84 ($0.70) and traded as low as GBX 50.50 ($0.64). Foresight Enterprise VCT shares last traded at GBX 52 ($0.66), with a volume of 3,815 shares.

Foresight Enterprise VCT Price Performance

The stock has a market capitalization of £138.72 million, a PE ratio of 1,300.00 and a beta of -0.03. The firm has a fifty day moving average price of GBX 54.84 and a two-hundred day moving average price of GBX 56.91.

Foresight Enterprise VCT Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a GBX 7.10 ($0.09) dividend. This is a positive change from Foresight Enterprise VCT’s previous dividend of $3.30. The ex-dividend date of this dividend was Thursday, October 31st. This represents a yield of 12.46%. Foresight Enterprise VCT’s dividend payout ratio (DPR) is presently 17,500.00%.

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.