Foresight Environmental Infra (LON:FGEN) Reaches New 52-Week High – Here’s What Happened

Foresight Environmental Infra (LON:FGEN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 86.15 and last traded at GBX 85.23, with a volume of 1538670 shares changing hands. The stock had previously closed at GBX 84.40.

Wall Street Analysts Forecast Growth

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

Foresight Environmental Infra Stock Up 1.0%

The company’s 50-day moving average price is GBX 75.12 and its 200-day moving average price is GBX 71.60. The firm has a market cap of £531.29 million, a price-to-earnings ratio of 71.03 and a beta of 0.38.

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.