Foresight Environmental Infra (LON:FGEN) Reaches New 1-Year High – Should You Buy?

Foresight Environmental Infra (LON:FGENGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 90 and last traded at GBX 89.60, with a volume of 607594 shares changing hands. The stock had previously closed at GBX 89.90.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Foresight Environmental Infra in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Get Our Latest Analysis on Foresight Environmental Infra

Foresight Environmental Infra Price Performance

The business has a 50 day simple moving average of GBX 85.58 and a 200 day simple moving average of GBX 77.58. The company has a market capitalization of £559.53 million, a price-to-earnings ratio of 15.21 and a beta of 0.41.

Foresight Environmental Infra (LON:FGENGet Free Report) last released 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 5.68% and a net margin of 95.30%.

About Foresight Environmental Infra

(Get Free Report)

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.

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