Foresight Enterprise VCT (LON:FTF) Reaches New 52-Week Low – Here’s What Happened

Foresight Enterprise VCT (LON:FTF) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 49 ($0.62) and last traded at GBX 49 ($0.62), with a volume of 2830 shares trading hands. The stock had previously closed at GBX 50.50 ($0.64).

Foresight Enterprise VCT Trading Down 3.0 %

The firm has a 50 day simple moving average of GBX 54.55 and a 200 day simple moving average of GBX 56.78. The firm has a market capitalization of £130.71 million, a PE ratio of 1,225.00 and a beta of -0.03.

Foresight Enterprise VCT Increases Dividend

The firm also recently announced 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 (DPR) 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.