Shore Capital restated their house stock rating on shares of NextEnergy Solar Fund (LON:NESF) in a research report report published on Monday morning, PriceTargets.com reports.
Shares of NESF opened at GBX 99.10 ($1.29) on Monday. NextEnergy Solar Fund has a 52 week low of GBX 96.50 ($1.26) and a 52 week high of GBX 130.80 ($1.71). The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 34.08. The company has a market capitalization of £582.94 million and a price-to-earnings ratio of 15.75. The stock’s 50-day moving average price is GBX 99.66 and its 200-day moving average price is GBX 100.06.
The business also recently announced a dividend, which will be paid on Friday, December 31st. Stockholders of record on Thursday, November 18th will be paid a GBX 1.79 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 18th. This represents a dividend yield of 1.78%. NextEnergy Solar Fund’s payout ratio is 1.11%.
NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.
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