Foresight Solar (LON:FSFL) Given Hold Rating at Jefferies Financial Group

Foresight Solar (LON:FSFL)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports.

Foresight Solar Stock Performance

Shares of FSFL stock opened at GBX 66.27 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 121.68 and a current ratio of 15.54. Foresight Solar has a fifty-two week low of GBX 59.60 and a fifty-two week high of GBX 75.30. The stock has a 50 day moving average price of GBX 69.82 and a two-hundred day moving average price of GBX 67.55. The company has a market capitalization of £361.05 million, a P/E ratio of -10.90 and a beta of 0.32.

Foresight Solar (LON:FSFL) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (0.54) earnings per share for the quarter. Foresight Solar had a negative net margin of 80.27% and a negative return on equity of 6.35%. Analysts expect that Foresight Solar will post 2.07 earnings per share for the current year.

About Foresight Solar

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.