Foresight Group (LON:FSG) Reaches New 52-Week Low – Time to Sell?

Shares of Foresight Group Holdings Limited (LON:FSG) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 379 ($4.68) and last traded at GBX 379 ($4.68), with a volume of 232038 shares traded. The stock had previously closed at GBX 396 ($4.89).

Foresight Group Stock Performance

The company’s 50 day simple moving average is GBX 424.69 and its 200 day simple moving average is GBX 475.98. The stock has a market cap of £426.61 million, a PE ratio of 1,681.82 and a beta of 0.44.

Foresight Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 16th will be given a dividend of GBX 7.40 ($0.09) per share. This represents a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, January 16th. Foresight Group’s payout ratio is 14,090.91%.

About Foresight Group

Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.