Foresight Enterprise VCT (LON:FTF) Stock Passes Above 50-Day Moving Average – Here’s Why

Foresight Enterprise VCT (LON:FTFGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 46.21 and traded as high as GBX 46.80. Foresight Enterprise VCT shares last traded at GBX 45.60, with a volume of 5,705 shares traded.

Foresight Enterprise VCT Stock Down 1.3%

The stock has a market capitalization of £180.26 million, a PE ratio of 42.00 and a beta of 0.09. The company has a 50-day moving average of GBX 46.21 and a 200 day moving average of GBX 46.32.

Foresight Enterprise VCT (LON:FTFGet Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 0.40 EPS for the quarter. Foresight Enterprise VCT had a return on equity of 2.79% and a net margin of 22.53%.The firm had revenue of GBX 324 million during the quarter.

About Foresight Enterprise VCT

(Get Free Report)

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. The trust invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, and fixed-interest securities as well as cash.

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