Foresight Technology VCT (LON:FWT) Announces Quarterly Earnings Results

Foresight Technology VCT (LON:FWT) announced its earnings results on Wednesday. The company reported GBX (0.90) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Foresight Technology VCT had a negative return on equity of 3.27% and a net margin of 132.48%.

Foresight Technology VCT Stock Down 2.8%

Shares of LON:FWT opened at GBX 85.50 on Friday. The firm’s 50 day moving average price is GBX 87.10 and its 200-day moving average price is GBX 87.18. Foresight Technology VCT has a twelve month low of GBX 78 and a twelve month high of GBX 88. The stock has a market capitalization of £43.14 million, a PE ratio of -11.48 and a beta of -0.25.

About Foresight Technology VCT

Foresight Solar & Infrastructure VCT plc is a venture capital trust of Foresight Group. The fund aims to generate returns through tax free dividends, by investing in a portfolio of new electricity generation projects in the very short term as well as longer term energy related infrastructure investments such as smart meters, and solar power generating systems supported by the United Kingdom government's Feed-in Tariff scheme. It invests in solar projects throughout Europe. The fund is a five-year planned exit VCT with an option to remain in the fund as a longer-term investor.