Foresight Enterprise VCT (LON:FTF) Hits New 52-Week Low – Time to Sell?

Foresight Enterprise VCT (LON:FTF)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 49 ($0.62) and last traded at GBX 49 ($0.62), with a volume of 1075 shares changing hands. The stock had previously closed at GBX 50.50 ($0.64).

Foresight Enterprise VCT Price Performance

The stock has a market cap of £130.71 million, a P/E ratio of 1,225.00 and a beta of -0.03. The company’s 50 day simple moving average is GBX 52.34 and its 200 day simple moving average is GBX 55.73.

Foresight Enterprise VCT Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a GBX 7.10 ($0.09) dividend. This represents a yield of 12.46%. The ex-dividend date was Thursday, October 31st. This is an increase from Foresight Enterprise VCT’s previous dividend of $3.30. Foresight Enterprise VCT’s dividend payout ratio is presently 17,500.00%.

About Foresight Enterprise VCT

Foresight Enterprise VCT Plc is a venture capital trust managed by Foresight Group. It specializes in investments in unquoted companies. It mainly invests in the technology, media & telecommunication, industrials & manufacturing, healthcare, business services, consumer & leisure. It typically invests in United Kingdom.