Foresight Enterprise VCT (LON:FTF) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Foresight Enterprise VCT (LON:FTF) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 54.97 ($0.68) and traded as low as GBX 50.50 ($0.63). Foresight Enterprise VCT shares last traded at GBX 52 ($0.64), with a volume of 3,331 shares trading hands.

Foresight Enterprise VCT Stock Performance

The firm has a fifty day simple moving average of GBX 50.84 and a 200-day simple moving average of GBX 54.90. The company has a market capitalization of £134.71 million, a PE ratio of 1,262.50 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

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