Foresight Enterprise VCT (LON:FTF) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Foresight Enterprise VCT (LON:FTF)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 54.97 ($0.68) and traded as low as GBX 50.50 ($0.63). Foresight Enterprise VCT shares last traded at GBX 52 ($0.64), with a volume of 3,331 shares changing hands.

Foresight Enterprise VCT Stock Performance

The business’s 50 day simple moving average is GBX 50.84 and its 200-day simple moving average is GBX 54.90. The stock has a market capitalization of £134.71 million, a price-to-earnings ratio of 1,262.50 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were paid a dividend of GBX 7.10 ($0.09) per share. The ex-dividend date was Thursday, October 31st. This represents a yield of 12.46%. This is a boost from Foresight Enterprise VCT’s previous dividend of $3.30. Foresight Enterprise VCT’s dividend payout ratio (DPR) is currently 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.