Foresight Enterprise VCT (LON:FTF) Shares Pass Above 50-Day Moving Average – Time to Sell?

Foresight Enterprise VCT (LON:FTF) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 56.21 ($0.73) and traded as high as GBX 58.50 ($0.76). Foresight Enterprise VCT shares last traded at GBX 58.50 ($0.76), with a volume of 1,800 shares traded.

Foresight Enterprise VCT Price Performance

The firm’s 50-day moving average price is GBX 56.21 and its two-hundred day moving average price is GBX 57.49. The firm has a market capitalization of £152.05 million, a PE ratio of 1,462.50 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 7.10 ($0.09) per share. This represents a yield of 12.46%. This is a boost from Foresight Enterprise VCT’s previous dividend of $3.30. The ex-dividend date of this dividend is Thursday, October 31st. Foresight Enterprise VCT’s payout ratio is presently 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.