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

Foresight Enterprise VCT (LON:FTF) reached a new 52-week low on Tuesday . The company traded as low as GBX 49 ($0.61) and last traded at GBX 49 ($0.61), with a volume of 1075 shares. The stock had previously closed at GBX 50.50 ($0.63).

Foresight Enterprise VCT Price Performance

The firm has a market capitalization of £134.71 million, a PE ratio of 1,262.50 and a beta of -0.03. The company has a 50-day moving average price of GBX 52.02 and a 200-day moving average price of GBX 55.58.

Foresight Enterprise VCT Increases Dividend

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