Foresight Enterprise VCT (LON:FTF) Hits New 1-Year Low – Here’s Why

Foresight Enterprise VCT (LON:FTF) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 49 ($0.64) and last traded at GBX 49 ($0.64), with a volume of 5000 shares. The stock had previously closed at GBX 50.50 ($0.66).

Foresight Enterprise VCT Stock Performance

The company has a fifty day simple moving average of GBX 55.63 and a 200-day simple moving average of GBX 57.22. The stock has a market cap of £134.71 million, a price-to-earnings ratio of 1,225.00 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a GBX 7.10 ($0.09) dividend. This represents a dividend yield of 12.46%. The ex-dividend date is Thursday, October 31st. This is an increase from Foresight Enterprise VCT’s previous dividend of $3.30. 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.