NextEnergy Solar Fund (LON:NESF) Sets New 1-Year Low – Here’s What Happened

NextEnergy Solar Fund Limited (LON:NESFGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 48.50 and last traded at GBX 48.50, with a volume of 4042644 shares changing hands. The stock had previously closed at GBX 49.10.

NextEnergy Solar Fund Price Performance

The company has a debt-to-equity ratio of 34.68, a current ratio of 25.38 and a quick ratio of 13.96. The firm has a market cap of £278.97 million, a price-to-earnings ratio of -48.02, a P/E/G ratio of 1.17 and a beta of 0.29. The business’s 50-day moving average price is GBX 51.30 and its two-hundred day moving average price is GBX 61.87.

NextEnergy Solar Fund (LON:NESFGet Free Report) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported GBX (2.06) earnings per share (EPS) for the quarter. NextEnergy Solar Fund had a negative net margin of 408.61% and a negative return on equity of 2.33%. On average, research analysts forecast that NextEnergy Solar Fund Limited will post 7.8159757 EPS for the current fiscal year.

About NextEnergy Solar Fund

(Get Free Report)

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the main market of the London Stock Exchange and is a FTSE 250 constituent.

NextEnergy Solar Fund’s investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets. The majority of NESF’s long-term cash flows are inflation-linked via UK government subsidies.

As at 31 December 2024, the Company had an unaudited gross asset value of £1,071m.

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