Foresight Environmental Infra (LON:FGEN) Sets New 1-Year High – Here’s Why

Foresight Environmental Infra (LON:FGEN) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 88.30 and last traded at GBX 85.10, with a volume of 2230526 shares. The stock had previously closed at GBX 86.60.

Analyst Upgrades and Downgrades

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

Foresight Environmental Infra Stock Down 1.7%

The company has a fifty day moving average price of GBX 78.27 and a 200-day moving average price of GBX 72.96. The stock has a market capitalization of £530.46 million, a P/E ratio of 70.92 and a beta of 0.42.

Foresight Environmental Infra (LON:FGEN) last announced its quarterly earnings results on Thursday, June 18th. The company reported GBX 5.90 EPS for the quarter. Foresight Environmental Infra had a return on equity of 5.58% and a net margin of 95.30%.

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.