Foresight VCT (LON:FTV) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Foresight VCT (LON:FTV)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 64.37 and traded as low as GBX 64. Foresight VCT shares last traded at GBX 64, with a volume of 15 shares traded.

Foresight VCT Trading Down 2.3%

The company has a market cap of £192.62 million, a price-to-earnings ratio of 30.48 and a beta of 0.04. The company’s 50 day moving average price is GBX 64.37 and its 200 day moving average price is GBX 66.11.

Foresight VCT (LON:FTV) last posted its quarterly earnings results on Thursday, September 25th. The company reported GBX 0.90 earnings per share (EPS) for the quarter. Foresight VCT had a net margin of 75.85% and a return on equity of 10.05%.

Foresight VCT Company Profile

Foresight VCT Plc is a private equity and buyouts firm, venture capital trust and managed by Foresight Group. This fund invests in SME, later stage growth capital opportunities across a range of sectors. It engages in investments in unquoted or AIM-listed companies in the United Kingdom. It invests in technology companies in United Kingdom.