Foresight Enterprise VCT (LON:FTF) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Foresight Enterprise VCT (LON:FTF)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 55.42 ($0.69) and traded as low as GBX 50.09 ($0.63). Foresight Enterprise VCT shares last traded at GBX 51.09 ($0.64), with a volume of 2,166,887 shares.

Foresight Enterprise VCT Trading Up 1.2 %

The company has a market cap of £136.29 million, a price-to-earnings ratio of 1,277.25 and a beta of -0.03. The firm has a 50-day moving average price of GBX 51.65 and a 200 day moving average price of GBX 55.42.

Foresight Enterprise VCT Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a GBX 7.10 ($0.09) dividend. This represents a yield of 12.46%. The ex-dividend date was Thursday, October 31st. This is an increase from Foresight Enterprise VCT’s previous dividend of $3.30. Foresight Enterprise VCT’s payout ratio is currently 17,500.00%.

About Foresight Enterprise VCT

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.