Foresight Environmental Infra (LON:FGEN) Sets New 1-Year High – Here’s What Happened

Foresight Environmental Infra (LON:FGEN) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 90 and last traded at GBX 89.60, with a volume of 607594 shares trading hands. The stock had previously closed at GBX 89.90.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “hold” rating on shares of Foresight Environmental Infra in a research note on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Foresight Environmental Infra Stock Up 0.4%

The firm has a market capitalization of £564.74 million, a price-to-earnings ratio of 15.36 and a beta of 0.41. The business’s fifty day moving average is GBX 85.84 and its 200 day moving average is GBX 77.79.

Foresight Environmental Infra (LON:FGEN) last announced its earnings results on Thursday, June 18th. The company reported GBX 5.90 earnings per share for the quarter. Foresight Environmental Infra had a net margin of 95.30% and a return on equity of 5.68%.

Foresight Environmental Infra Company Profile

Foresight Environmental Infrastructure (FGEN) formerly known as JLEN. The Company’s investment policy is to invest in a diversified portfolio of Environmental Infrastructure. Environmental Infrastructure is defined by the Company as infrastructure assets, projects and asset-backed businesses that utilise natural or waste resources or support more environmentally friendly approaches to economic activity, support the transition to a low carbon economy or which mitigate the effects of climate change.